Getting to Know VAT in the UK
If you’re running your own business in the United Kingdom, you might want to understand the rules of Value Added Tax (VAT). Especially when your annual sales approach £85,000, it’s important to consider registering for VAT promptly. In the rapidly evolving...
Understanding EU VAT Registration
With the rise of e-commerce, you may be considering expanding your business globally through the internet. Once your business expands beyond your home country, you may need to consider compliance issues such as Value Added Tax (VAT). Handling VAT issues becomes more...
Beware: Till Systems and Undeclared Sales
Do not overlook recent correspondence: A letter to businesses using Electronic Sales Suppression (ESS) in the UK Recently, HMRC has been issuing notification letters to businesses suspected of abusing the ESS. If you have also received a similar letter, please do not...
Apply for an Advance Valuation Ruling
If you are engaged in cross-border trade or operating an online store, you may need to import goods into the UK from time to time. Generally, you need to accurately calculate the value of the goods and declare them to customs. Valuing goods is an extremely complex...
