Did you know you can choose which VAT Scheme you use to report VAT? There are several to choose from and it is worth considering which one is best for your business and for your cash flow. 

The VAT registration threshold will remain at £85,000 for the next two years until April 2020.  Businesses with sales of £85,000 in a 12 month period must become VAT registered unless their sales are exempt from VAT.   &#…

There are lots of things to remember about VAT when you are VAT registered.  Here are ten things about VAT which you may not know.

The VAT threshold for 2017-18 is £85,000 which means that if your business has taxable sales equal to or above this amount over a 12 month period you must register for VAT.  For example if these sales from April to March total £80,…

As your business grows there will come a time when you will need to register for VAT. In 2016-17 if your turnover reaches the threshold of £83,000 within a 12 month rolling period you have 30 days in which to register for VAT to avoid a pen…