Should I register my business for Value Added Tax (V.A.T)?
Registering your business for Value added tax (VAT) is mandatory if you supply goods and services in the UK and go over a certain threshold. Value Added Tax (VAT) in the UK is a tax that is paid by consumers as soon as they buy an item that is a taxable supply. The purpose of […]
Something You Probably Didn’t Know about Value added Tax in Uk.
Value Added Tax Value Added Tax (VAT) in the UK is a tax that is paid by consumers as soon as they buy an item that is a taxable supply. The tax is not meant to be suffered by a taxable business rather it’s the final consumer that suffers the burden for VAT. It’s like […]