VAT UK

The new border-crossing VAT tax will heavily impact businesses and consumers.

The new initiative promoted by the UK government can deliver a serious blow to local businesses. It’s no wonder that the plans caused heated discussions in Parliament recently. Offered as a part of a broader Brexit-focused policy, the bill…
vat number uk

An analysis of VAT in the UK

An introduction to VAT in the UK Whether you are a small business owner, or an established company operating in the United Kingdom, chances are that you have already opened a file with the HMRC to receive and pay Value Added Tax (VAT), or…
export import vat

Import – Export VAT Explained

In case you are running a business involved in imports or exports of products or simply makes sales to countries outside the UK, you should learn a few things about VAT on imports and exports. Learning more about these rules will guarantee that…
vat tax

Online sellers are now forced to pay full tax for their activities thanks to the new laws

The HMRC got new powers starting from this week. Now they can penalize online marketplaces in case these platforms are used for tax frauds committed by sellers that are using these platforms. According to the new laws which were revealed by…
UK TAX

The VAT clampdown started by HMRC focused on subcontracting

According to some sources, HMRC has gathered a team of about two dozen experienced investigators to determine why primes have been avoiding the 20% charge to their top sellers as expected. The same sources claim that the tax office will be focused…
vat tax numbers

eBay has started Revealing the VAT Tax Numbers of all UK Sellers

eBay is the largest online marketplace in the world. This is an American-based auction site which has special divisions in many countries including the United Kingdom. There are thousands of sellers (and buyers) from the United Kingdom that…
UK VAT

An Introduction to UK VAT

Value Added Tax, or simply VAT as most people know it, is a type of tax present in many countries around the globe. Similar to other countries, UK VAT is imposed on the sales of different kinds of services and goods. This tax acts as both indirect…
VAT Return UK

VAT Return UK – A Simple Guide

It turns out that VAT return in the UK is one of the issues that are a little bit confusing and too complex for modern businessmen. This is especially true in cases when they are not familiar with the basic regulations and rules. After…

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