VAT

VAT overview

A guide to why and when you should register your business for VAT and to the types of VAT scheme available. Read more…

VAT Flat Rate Scheme

The Flat Rate Scheme can be very helpful to many businesses. This guide explains whether it is right for you. Read more…

Keeping business records for VAT

If you are registered for VAT there are certain records that you must keep. Read more…

Cars and Input Tax recovery

A guide to the VAT implications of company car provision. Read more…

VAT and delivery charges

This can be a complex area, especially where there is also an issue of whether you are supplying goods or acting as an agent in arranging their transport. Read more…

Tax implications of entertaining employees

The costs of entertaining employees are generally allowable against the profits of the business, within limits. Read more…

Being prepared for a VAT inspection

If you are preparing for a VAT inspection then you will want to be sure they have the right paperwork ready. This includes invoices to back up any VAT you have reclaimed, but can HMRC demand this VAT back if they don’t have them? Read more…

Registering for VAT and selling overseas

The Internet means you can advertise your products to a customer in, say, Italy, as easily as you can to one just around the corner. But if you make a sale will you need an overseas VAT registration. What’s the best way to get one? Read more…