Passengers submitting expense claims may ask why a taxi receipt does not show VAT. Despite the most recent media around ‘Taxi ...

For sole traders in the UK, taking the leap to become VAT registered is a pivotal moment in their business journey. It signifies a level of financial achievement and growth. However, the process of ...

There is a VAT threshold for every small business that is set by HMRC and can vary. Once taxable income exceeds the value set for any given financial year, businesses must register for VAT. Failure to ...

HMRC have announced that a new digital tool, the VAT Registration Estimator, has been developed in order to help small business owners determine what registering for VAT could mean for their business.

Even through using the best accounting software, the process of registering for VAT for the first time can have a few potentially confusing points – and timescales which may concern you if you feel ...