Acuity Guide to VAT
Value Added Tax (VAT) is a tax chargeable on taxable supplies made in the UK by taxable persons. This guide explores a range of basic VAT planning options and provides an introduction to some of the schemes available for businesses with a smaller turnover.
Should I be VAT registered?
You should notify HMRC if your taxable turnover for the last 12 months exceeds £85,000, or if there are reasonable grounds for believing that your turnover will exceed £85,000 in the next 30 days
Click on the link below to download the full guide
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