Blog Posts

VAT

Free online resources, tools and guides to VAT. Learn more about when you must register for VAT (and when you might want to register voluntarily), as well as the VAT rates and thresholds. Get help with when and how to submit your VAT return, as well as with the different types of VAT schemes and processes, including the Flat Rate Scheme, VAT MOSS, postponed accounting, the Annual Accounting Scheme, import VAT, and more.

UK Tax Rates, Thresholds and Allowances for the Self-Employed

UK Tax Rates, Thresholds and Allowances for the Self-Employed

Read our guide to the current UK tax rates and thresholds affecting sole traders, limited companies, partners and partnerships, employers, and...

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The VAT Jargon-Buster for Businesses

The VAT Jargon-Buster for Businesses

VAT isn’t the simplest thing to get your head around, and at times the terminology makes it seem more complex. To...

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Option to Tax: Waiving the VAT Exemption on Land Or Property

Option to Tax: Waiving the VAT Exemption on Land Or Property

Renting out or selling commercial property or land is usually automatically exempt from VAT, but you may be able to waive...

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What is the VAT Reverse Charge?

What is the VAT Reverse Charge?

The VAT reverse charge means the responsibility for reporting and paying VAT on cross-border sales moves from the supplier to the...

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Can I Reclaim VAT on Fuel my Business Uses?

Can I Reclaim VAT on Fuel my Business Uses?

You may be able to claim back the VAT your business pays on vehicles and the fuel they use. As you...

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How Do I Cancel My VAT Registration?

How Do I Cancel My VAT Registration?

You can de-register for VAT online, or you can submit a VAT7 form to HMRC through the post to cancel your...

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Do I Need to Have A Limited Company to Register for VAT?

Do I Need to Have A Limited Company to Register for VAT?

The simple answer is no, you don’t need to be operating a limited company in order to register for VAT, or...

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Can I Reclaim VAT on Purchases I Made Before Registering?

Can I Reclaim VAT on Purchases I Made Before Registering?

Not all businesses need to register for VAT straight away, but if you do then you may be able to reclaim...

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How Do I Reclaim VAT?

How Do I Reclaim VAT?

Paying VAT on the goods and services you purchase in the course of running your business is fairly inevitable. With most...

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How Much is the UK VAT Rate?

How Much is the UK VAT Rate?

We’ve all paid VAT before on a product or service – it’s everywhere. But when it’s time to register your own...

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VAT on Cross Border Services and Digital Sales between the UK and EU

VAT on Cross Border Services and Digital Sales between the UK and EU

The rules for VAT on services and digital sales which cross the border between the EU and the UK can be...

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How Do I Submit a VAT Return?

How Do I Submit a VAT Return?

Value Added Tax (VAT) is a tax added to goods and services at each stage of their production or distribution –...

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