Should I register my business for Value Added Tax (V.A.T)?

Value added tax

 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.

VAT in the 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 […]