Are you worried about VAT matters? How can you structure the VAT account to reclaim the VAT amount? This blog provides you with a complete and proper guide.
6 Surprising Accurate Facts About Belgium VAT
Ready to expand your market to Belgium? Learn about Belgian VAT as a distance or e-commerce seller to avoid costly oversights that may impact earnings.
VAT For Business: Must-knows for VAT-registered businesses
If you own a business in the UK, then knowing VAT for business essential information will be really helpful for you. Learn more about them on this...
Do I Have to Pay VAT on Services from the EU?
Are you wondering if you have VAT on services from the European Union? Then allow us to help you! Do I Have to Pay VAT on Services from the EU? – A...
VAT Account: Rules of what a VAT account should look like
If you don't know what a VAT Account should look like, don't worry. This blog is here to help you out. Continue reading to learn more. Things to...
Declaring Foreign Bank Accounts: What income should you consider worth declaring to HMRC
Declaring Foreign Bank Accounts to HMRC: What income should you consider worth declaring to HMRC If you are a citizen or foreigner that earns income...
VAT Sales vs. Non-VAT Sales: How to Account for Them Separately
As a business selling goods across the United Kingdom (UK), you are sometimes required to pay VAT or exclude items from VAT sales altogether. In some instances, you are required by HMRC to charge a reduced rate on items that are sold to consumers on E-commerce platforms or at physical locations.
In this article, we look at VAT sales and non-VAT sales and how you may account for them separately in your business. Some businesses may be providing services to charitable organizations, while others may be selling niche children’s clothes that require them to either charge no VAT or a reduced rate. In other to effectively comply with HMRC, you are required to correctly disclose the amount of VAT you charge on goods or services sold by your company. This article will take you through what you need to know in order to account for VAT and non-VAT sales separately.
7 Super Tips on How to Register for VAT
As an entrepreneur or business, it is important to have all the necessary information to make the right decision about tax compliance. This article is useful for businesses and entrepreneurs that are looking for a fool-proof way to think about their taxes.
All you Need to Know on How to Get a VAT Number
How to Get a VAT Number: All you Need to Know on How to Get a VAT Number If you’re a business in the U.K, there is a chance that you have come...
How to Apply for Tax Certificate in the UK
Tax Certificate UK: How to Apply for Tax Certificate in the UK As an individual or company who might be working or living in another country, the...