Tag Archives: vat return

a Brief Account of Uk Vat Returns and Related Issues

Value Added Tax, or VAT, can be defined as a tax that is applied to goods and services in the UK. Thus, it is imperative for a business owner to know the functionality of VAT, how it works, and the way one has to comply with the regulations. On this page, let us discuss a … Continue reading a Brief Account of Uk Vat Returns and Related Issues

A Brief Account of Vat and Related Issues on Small Business

Before we get into the in depth discussion of VAT and related issues let us discuss what VAT is. Value Added Tax or VAT is the tax that a consumer or a buyer would need to pay for whatever service or product they purchase. VAT is applicable to everyone – from a high street consumer … Continue reading A Brief Account of Vat and Related Issues on Small Business

Do You Really Need an Accountant to Make Your Vat Returns a Success?

VAT returns are considered a complex process that is also filled with a lot of burden. It is referred to as an indirect tax that the government charges on most of a business’s goods and services. If your business has a turnover of more than 85,000 euros, you will have to register for VAT. At … Continue reading Do You Really Need an Accountant to Make Your Vat Returns a Success?

What is Going to be the Likely Impact on VAT after Brexit?

Value Added Tax (VAT), in layman’s terms, can be defined as a tax that is levied on the consumption of various goods and services. Generally, any business would charge VAT on its customers based on the sales that they have generated. It will then remit the VAT that it has collected, to the National Tax … Continue reading What is Going to be the Likely Impact on VAT after Brexit?