Dec 15, 2024 | Accountancy, Tax, VAT
Running a business in the UK – we know it comes with its fair share of tax responsibilities. And VAT is often one of the most confusing areas, especially reverse charging VAT. It’s something every business owner, freelancer, or entrepreneur needs to...
Nov 26, 2023 | Business planning, Tax, Tax Advice, VAT
Are you drowning in a sea of VAT confusion? Worry not, for we’ve got a sneak peek into the intriguing world of Value Added Tax (VAT), more specifically agents and VAT. To cover the basics, let’s first look at VAT and what it stands for. What is VAT? Don’t...
Sep 19, 2021 | Company cars & tax, Tax Advice, VAT
Claiming VAT on cars is the title of this week’s video. So if you’re buying a car, it can be difficult to know what the rules are around VAT. Moreover, can you reclaim the VAT ? Above all are you struggling to recover VAT on your car purchase? If you’re like most...
Sep 5, 2021 | Accountancy, Bookkeeping and Payroll, Cloud Accounting, VAT
Your VAT responsibilities after registration continue until the day you come out of the VAT system. As an unpaid tax collector for HMRC you must know your duties and responsibilities. The last thing I want is for you to end up on the naughty step with HMRC and run...