VAT Registration Certificate

VAT Registration Certificate: What is it and why is it important?

VAT registration is a trending topic in the UK these days. This is quite natural because more and more companies and sole traders are wondering whether they should become VAT registered. Of course, when the turnover exceeds 82.000 GBP there…
voluntary Vat registration

Is it a good idea to choose voluntary VAT registration?

In case you run a business and the total value of the taxable products, supplies, and services provided in the United Kingdom are over £85,000 for the past year (12 months) or in case you believe that you will pass this amount in the next month,…
company vat registration

Why Use a Company VAT Registration Provider?

Value Added Tax, or VAT, is a special tax used in many countries in the world including the United Kingdom. VAT is added to the vast majority of services and products offered in the UK. Only a small number of products like books and newspapers…
Best VAT scheme

What is the best VAT scheme for your business?

When registering your business for VAT, there are several options to consider. In some of the cases (if your business is categorized into a specific trade sector), opting for a specified VAT scheme can be mandatory. Otherwise, most of the VAT…
VAT Amazon co.uk

Two online giants have allegedly involved in Tax Evasion

Recently, British legal authorities exposed that both Amazon.co.uk Inc. and eBay Inc., two renowned online giants have allegedly helped and encouraged a tax evasion by ignoring some rules and regulations. As per the sources, the system they…
vat charged

When is VAT charged?

This should be an easy question to answer,but in fact is the cause of much uncertainty when it comes to the VAT. So let's start by making a sweeping statement: A person generally needs to charge VAT on supplies of goods or services which they…
VAT Registration Threshold

VAT Registration Threshold

It is compulsory for you to register for VAT in the UK if your VAT taxable turnover (all supplies of goods and services that are not exempt)exceeds, or will exceed the VAT Registration Threshold. This threshold is £85.000 from 1 April 2017.…
vat UK

What happens to VAT after Brexit?

Now that the proceedings have begun for the debatable Brexit and the UK will be no longer a member of EU from 29 March 2019.  Despite all the political and social influences that might take place, many people wonder what will happen to VAT…