Navigating the VAT registration threshold is a significant milestone for many UK small businesses. Crossing this threshold, currently set at £90,000 in taxable turnover, brings both opportunities...
Ozzy
Getting a VAT inspection notice from HMRC can be a worry. Still, it’s important to stay calm and prepared. This is the advice given to UK Business Forums member 'seizing', who turned to the...
Ozzy
For many small businesses, hitting the VAT threshold is a challenge. Whilst growing your business and increasing turnover are signs of success, some may find themselves worse off after they start...
Amalie Smith
If you’re setting up a business for the first time and are looking to buy and sell goods within the UK or overseas, chances are you’ll need to get clued up on all things VAT. In this guide...
Amalie Smith
April marks the end of one tax year and the start of another, so now’s the perfect time to improve your financial processes. Whether you’re self-employed and just keeping track of your own...
ChrisGoodfellow
UK Business Forums receives a lot of questions from members about the European Union’s (EU) new system for VAT accounting, the Import One Stop Shop (IOSS). Many business owners are confused about...
ChrisGoodfellow
All VAT-registered businesses, regardless of turnover, have less than one month to comply with the latest Making Tax Digital (MTD) rules – or face penalties from HMRC. Ahead of the final roll-out...
ChrisGoodfellow
