8 Fun Facts about VAT in the UK

8 Fun Facts about VAT in the UK

by | May 12, 2023 | Accounting, BLOG, VAT

If you’re running your own business in the UK, it’s essential to have knowledge of Value Added Tax (VAT). Just this year, VAT in the UK celebrated its 50th birthday. You might want to take a different perspective to understand VAT, as there are some...
Demystifying VAT for SMEs in the UK

Demystifying VAT for SMEs in the UK

by | May 9, 2023 | Accounting, BLOG, HMRC, VAT

If you operate a small or medium-sized enterprise in the UK, you may need to pay attention to Value Added Tax (VAT) issues. Most of our clients are concerned about whether VAT registration will cause more trouble for their businesses. Our accounting team provides...
VAT Guide for Sole Traders

VAT Guide for Sole Traders

by | Apr 26, 2023 | Accounting, BLOG, HMRC, VAT

When you start operating your own company as a sole trader, you not only need to think about how to make money, but also about which taxes your income should be subject to. If you haven’t consulted with a relevant accounting team, this may require additional...
Items Qualify for 0% VAT in the UK

Items Qualify for 0% VAT in the UK

by | Apr 12, 2023 | Accounting, BLOG, VAT

If you are a sole trader or an Amazon seller and sell goods to customers in the UK, you may encounter value-added tax (VAT) issues. When your company is registered for VAT, you may overlook some goods that qualify for a 0% VAT rate. As different countries and regions...