Most VAT-registered business can use the flat rate scheme if it is expected that VAT taxable turnover in the next 12 months to be £150,000 or less. Read more…
FRS for VAT – Who is it for? The VAT flat rate scheme (FRS) is used by many small businesses to help simplify their VAT
Even if your business hasn’t reached the £85,000 turnover threshold, there are some benefits to registering for VAT early.
VAT registration – sooner or later? Once a business is up and running, the next major administrative area to be faced often concerns the subject
Do you run a business? Should you register for VAT? What are the conditions? We answer all these questions here
All traders – whether sole traders, partnerships, or limited companies – are obliged to register to charge and pay VAT once annual sales reach a