Some businesses do not want to become VAT registered because they think it is too complicated to do VAT returns. It is quite straightforward especially now that VAT returns can be submitted directly from your accounts software. Here are some tips for keeping VAT simple and getting it right. …
April 2019 sees several changes to legislation for those who run a business. Here is a brief round up of the changes which may affect your business. …
One of my clients asked me last week if they still needed to be VAT registered. Their business has changed now they no longer have an employee to help them. So I took some time this morning to calculate whether they would be better off de-registering for VAT. There are a number of factors to take into account when doing this …
Whether you are a new business or an established business it is always worth putting some thought into when is the right time to become VAT registered. New business owners often think that they have to become VAT registered …
From April 2019 VAT registered businesses who have a turnover over the VAT registration threshold (currently £85,000) must use accounting software to file their VAT returns. If your turnover is over £85,000 you will no longer be able to use the Government Gateway to file a return. The only businesses which will be exempt from complying with this regulation …
