If you have crossed the threshold limit or want to become a part of the vat or value added tax system then you will need to apply for registration for vat to turn into a vat registered trader. When you finally are a vat registered trader then you will be empowered to reclaim vat paid […]

In case you have shifted over to vat or value added tax system you’ll need to keep vat accounting standards for quick access to VAT records. Although most eu countries including the UK don’t have rigid or set standards to maintain vat records, you will still need to ensure that relevant vat figures can be […]

Once you start issuing vat invoices to the clients then accurate vat calculation can help you calculate exact vat rates. Calculating vat rates is quite easy and you will have to display all of your calculations within your vat invoices and your vat returns too. In case you are located in the UK you would […]

If you are planning to market services or goods in Britain then you definitely might soon have to turn into a VAT registered trader and to achieve it you will have to complete a vat application for vat registration and vat refunds in the foreseeable future. It really is however, important that you get the […]

If you’re a vat registered trader in the UK then you would need to pay vat on most services and goods but did you know that claiming vat back can enhance your business income? In case you have already paid vat once on any goods or services necessary for your business or paid vat on […]