Darryn Beggs, Author at Balanced

The 4 Different VAT Schemes That You Need To Know

Hi! It has taken me longer than I expected to get this blog post up. I have been super busy with work and studying, but thankfully the end is in sight. To keep the ball rolling from my last blog post explaining When to Register for VAT, I thought I would shed some light on […]

Open book, flowers and cup of tea on a desk

When To Register for VAT

Blog, Limited Company, Sole Trader, Start-Up, VAT / February 12, 2021

Value Added Tax (VAT) is an indirect tax charged on goods and services which is collected by businesses on behalf of HMRC. When you need to register for VAT: When your VAT taxable turnover exceeds the threshold of £85,000 in a 12-month rolling period or; If within a 30-day period you are likely, or will,

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