Articles/News
Value Added Tax (VAT) becomes a requirement for UK businesses once their taxable turnover passes the VAT registration threshold. Choosing the right VAT accounting scheme can significantly affect your cash flow, administrative wor...
August 12, 2025
Selling your products on Amazon or eBay? Then you must think about e-commerce VAT and get a good grasp of the taxes you will need to pay to save you time and from a headache in the future.
As you probably know, VAT is a tax that everyone...
September 19, 2022
E-commerce that first was a tentative venture has now achieved its full bloom. There are many more businesses keen to expand to the digital markets as customers now prefer to buy online than actually go shop to shop to browse goods. As people have...
October 07, 2021
Electric vehicles are considered safer for the environment considering that they would aid in carbon emission reduction. However, the downside is that they would need to be charged. For this a proper charge point would need to be installed for the...
April 26, 2021
Steps to be considered if you hold an invalid VAT invoice
To claim input tax, VAT registered businesses in the UK have to furnish valid VAT invoices as evidence. All VAT registered businesses in UK must issue a valid VAT...
February 12, 2021
New rules were expected at the end of the Brexit transition period. And the same are clear now. Till Dec 2020 tax relief was there on import VAT if the amount was under £15. This was known as LVCR - Low-Value Consignment Relief. No import VA...
February 09, 2021
Accounting for Start-ups can be difficult if they do not take care of certain things. Below are the Tips for The Self-Employed Business Owners.
Deadlines
You need to keep an eye on the deadlines. It may seem easy to re...
January 27, 2021
Brexit was definitely going the affect VAT accounting. Probably there is no extension and the transition period will end on 31st December 2020. From 1 January 2021 we need to account for VAT as per the new guidance. Now the simplified rules will n...
December 04, 2020
Certain businesses have different VAT rates to take into account which demands more carefulness compared to those having a single VAT applicable. Building projects can have various VAT rates leading to complicated VAT calculations. As a result of ...
November 30, 2020