Value Added Tax (VAT) schemes in the UK are designed to simplify VAT administration for businesses and provide options for managing VAT liabilities. It’s important for businesses to monitor their taxable turnover regularly to determine their VAT obligations and eligibility…
Goods can be dispatched by post, courier or collected by person. Before you charge zero-rate VAT on the goods, make sure you have sufficient bill to support that the goods are exported outside the UK. Q-1 What will happen if…
Value Added Tax (VAT) is applicable to a wide range of businesses and individuals involved in the supply of goods and services. This guide will give you a deeper understanding on VAT registration thresholds, rates, and rules which may vary…
