Category Archives: Value added tax
How To Register For VAT Online
Have you ever wondered how to register for VAT online in the UK? Understanding the process can seem challenging, but once you break it down, it becomes much more manageable. So, let’s walk through how to register for VAT online, step by step, while ensuring you have all the information you need. What is VAT? […]
Continue readingDo You Have To Charge VAT On Disbursements?
Have you ever found yourself scratching your head over VAT on disbursements and recharges and wondered how best to account for VAT on costs or disbursements passed to customers? You’re certainly not alone. Navigating the complex world of Value Added Tax (VAT) especially when dealing with disbursements and recharges, can often feel like untangling a […]
Continue readingVAT on Entertainment – VAT Input Tax Recovery on Business Entertainment
Have you ever wondered how VAT input tax recovery works in the context of business entertainment? Navigating the intricacies of VAT on entertainment can be challenging, especially when it comes to specific scenarios like business entertainment expenses. It’s important to understand how VAT input tax recovery applies and the various conditions and exceptions you might […]
Continue readingBenefits Of Being Vat Registered
Being VAT registered can bring a multitude of advantages to your business. From improved credibility to claiming back VAT on your expenses, this article will explore the various benefits that come with registering for VAT. Gain a deeper understanding of how this registration can streamline your financial processes, enhance your cash flow, and potentially even […]
Continue readingHow To Pay VAT To HMRC
Many a time, I get asked about how to pay VAT to HMRC. Paying Value Added Tax (VAT) to HM Revenue and Customs (HMRC) can be a bit confusing at first, but fear not! In this article, I will break down the process step by step to make it easier for you to understand and […]
Continue reading