Tag

VAT

Archive of articles and guides on Value Added Tax (VAT) issues for UK small business owners. Topics covered include charging VAT on services and goods, VAT registration, thresholds, taxable turnover, dealing with mistakes and HMRC, and many other related questions.

News

SMEs concerned about squeezed profits

Pressure on profit margins and the VAT increase are seen as the biggest threats for 2011 by small business managers.

News

FSB: Let’s boost economy with targeted VAT cuts

Targeted VAT cuts would help stimulate economic growth, according to the Federation of Small Businesses (FSB).

Tax

Tax dilemmas

Every small business should make their business tax as efficient as possible, this guide will help ensure you're not paying HMRC too much.

Accounting

Emergency Budget Breakdown 

It's generally agreed that SMEs emerged largely unscathed from the Emergency Budget. Here we pick out the main points for owner-managers.

News

Small businesses hit by ‘stealth’ tax

SMEs are being hit by a furtive tax increase, says the Federation of Small Businesses.

News

‘VAT hikes bad for economy’

SMEs say the VAT increase back to 17.5 per cent could harm prospects of a recovery.

News

VAT cut ‘is successful’

The government's reduction in value-added tax (VAT) is proving to be successful, despite criticism, according to research from a leading think tank.

Tax

Deferred VAT payments for small businesses

I heard that the government were helping small business by deferring payment of VAT. Is this true and if so, what is the procedure?

Tax

Turnover limit for VAT registration

What was the limit for business turnover for 05/06 when you can become VAT registered?

News

New measure against VAT fraud

Measures aiming to make it harder for organised criminals to steal VAT from the UK taxpayer will be introduced on 1 June 2007 by HM Revenue & Customs (HMRC).

Accounting

Catering and VAT

HM Customs and Excise (HMCE) says that the supply of most food and drink of a kind used for human consumption is zero-rated, but there are exceptions; catering being one of them.

Accounting

A beginner’s guide to VAT

Registration for VAT is compulsory in certain situations, but also available on a voluntary basis subject to specific criteria.

Business Technology

Future-proof your business communications set-up

Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings

Business Loans

A guide to getting a small business loan

Everything you need to know on what small business loans are and what types of loan are available for your business.

Business Technology

Friendly guide – top tips for small businesses switching to VoIP

With the landline shutdown coming fast, there’s never been a better time to switch to VoIP. Don’t let your small business be left behind!

Export & Import

Avoid delays with exports and imports

Many factors can affect products’ journeys from A to B. Here are some tips for best practice for successful shipping in the modern world