by katy | Jul 24, 2023 | Bookkeeping, HMRC, Uncategorised, VAT
Understanding VAT (Value Added Tax) and when to register for VAT is crucial for businesses as it has a significant impact on the business finances. The VAT threshold, is currently £85,000 per annum – If your annual turnover approaches this figure, you should...
by scott | Jan 19, 2022 | HMRC, VAT
Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs. HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world and...
by scott | Feb 28, 2021 | VAT
As you may, (or possibly not), be aware, the Construction Industry Scheme (CIS) VAT reverse charge applies to construction services from 1st March 2021. This will apply to you or your business where you are registered for CIS & VAT. In its simplest terms it shifts...
by scott | Oct 13, 2019 | VAT
VAT registration and when it should happen has become quite a hot topic for a number of my clients, so I thought it a good idea to share some of the basic things to be aware of, especially as a growing business. The first rule to be aware of is when you must register....
