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…
Taxes on individuals and businesses are levied based on their income. They are collected by the HMRC and used to fund public services and government expenditure. To assess the income tax liability, one must understand the income tax-filing obligations and…
