The UK VAT rules applicable to VAT exempt supplies continue to be a frequent area of dispute with the UK tax authority (HMRC). They are also a set of rules that can lead to unexpected VAT costs ...
A group of leading retail and business organisations has written to the UK Treasury calling for a formal consultation on online VAT reform.
If a business in the UK achieves a turnover of over £85,000, they must register for VAT. If your business is approaching this level of turnover or has exceeded it recently, read on to understand how ...
The VAT threshold is the volume of annual turnover at which businesses are required to register for value-added tax (VAT). Since April 2024, the UK VAT registration threshold has been £90,000. VAT ...