VAT (Value Added Tax) is a consumption tax implemented in the UK. The standard rate of VAT is 20 per cent. In the UK it is managed by HMRC. If turnover of ...
Wed, 25 Sep, 2019 at 5:41 PM
Once you are VAT registered, you will have to complete your VAT returns once every three months. This is commonly known as your accounting period.
Wed, 25 Sep, 2019 at 5:43 PM
Yes. VAT that has been paid on goods and services for your business can be claimed back.
Wed, 25 Sep, 2019 at 5:44 PM
If your company will not have any taxable income anymore, it is important to inform HMRC about it by completing and providing certain forms. Not informing t...
Fri, 27 Sep, 2019 at 4:40 PM