VAT on overseas services

The VAT Complexities of Supplying Services Abroad

24/10/2022VAT

We can not deny that technology today is the reason that international business has reached its peak and has become more than accessible. It’s just a game of having the availability of a laptop and a good connection and there you go. Any kind of freelancer can offer services internationally. Even the small initiates in …

Read more
Voluntary VAT registration

Voluntary VAT Registration for Small Businesses!

13/07/2022Tax Issues , VAT

If you are running a small business that is still less than £85k per annum but you decide on voluntary VAT registration. This decision does not make sense in all circumstances and situations. Other than that suitable circumstances to go with this decision. People associated with carrying out a small business often question about voluntarily …

Read more
benefits of being vat registered

What are the Benefits of Being VAT Registered?

23/11/2021Tax Issues , Taxation , VAT

When setting up a new business, some people may think that it is necessarily important to register for Value Added Tax (VAT). But, you need to know that it is not mandatory to register, provided that your VAT taxable turnover is over £85,000 (VAT threshold). However, even if your annual turnover is below the threshold, …

Read more