Vat Registration Archive
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VAT Increase From 4th Jan 2011 – How Will It Affect You?
Posted on December 24, 2010 | No CommentsWith the election of the coalition Government and the budget that followed, a standard rate VAT increase was announced. From the 4th of January 2011 Value Added Tax will rise from 17.5% to 20% across the UK. There are no changes to zero-rates or reduced-rated... -
The Advantages Of Voluntary VAT Registration For Small Business
Posted on December 3, 2010 | 1 CommentValue Added Tax (VAT) is the sales tax levied against goods and services within the UK. Businesses with a turnover in excess of the VAT Registration Threshold (currently £70,000 P.A. 2010-2011) are required by law to complete a VAT Registration with HM Revenue & Customs.... -
Beware – HMRC E-mail Scams
Posted on April 29, 2010 | 1 CommentHM Revenue & Customs have recently released an alert with regards to a rise in a number of scams being conducted under their name. As you can see from the example pictured here, the scams are worryingly convincing. Some of them are presented in such... -
VAT Rise Causing Hike in Inflation?
Posted on February 16, 2010 | 2 CommentsAccording to the BBC (Inflation expected to exceed 3%), the return to 17.5% VAT has also had an effect on inflation. Inflation has apparently risen over recent months and analysts think that it might well increase further to 3.5%. It’s not all bad news though... -
Compulsory Online VAT Registration?
Posted on February 8, 2010 | No CommentsHM Revenue & Customs have just recently made an update on their site with regards to Lord Carter of Coles recommendation that all submissions related to Tax and VAT be made online in the future. With regard to filing and registering for VAT, the statistics... -
VAT Registration Problems and Issues
Posted on January 28, 2010 | 1 CommentThere are quite often a number of problems that occur both before and after VAT registration which present issues for both the business concerned and the tax man. Firstly, a large number of VAT registration applications are rejected by HM Revenue & Customs due to... -
VAT Registration
Posted on January 15, 2010 | 3 CommentsClearly operating any business within the UK, selling goods or services you will be expected to charge your customers Value Added Tax (VAT) and pay that to the government via HM Revenue & Customs. In order to do this you must register with HMRC and...
