VAT Archives - Page 6 of 6

How to check the validity of Vat registration number UK

Value added tax (VAT) is a consumption tax which is applied on the products. The percentage of the tax is applied from the different stages of production to the final stage. The amount of tax that a user pays is actually the cost of the product.…

VAT

Running a VAT registered business

Value Added Tax (commonly known as VAT in the industry), is regarded to be a sales tax. This particular tax is imposed on the expenditure of items like consumer goods, services and business transactions. Technically, VAT is paid by the…

VAT

An overview of VAT deregistration

According to the rules and regulations implemented by HMRC, whenever a business exceeds an annual threshold of £85,000, it needs to be registered for VAT. In fact, it is a prerequisite for such businesses to register with HMRC and submit VAT…

VAT

Register for VAT and gain credibility for your business

Although business taxation is a confusing aspect to handle, it is important for a business to register for VAT if it intends to gain credibility. Especially, from a small business’s perspective, such credibility is exceptionally important…