With a £90,000 VAT registration threshold, many UK businesses might wonder whether to register voluntarily. Understanding how to balance output and input…

Health professionals providing medical services may be exempt from VAT if their work falls within their registered profession and primarily protects, maintains,…

Businesses can reclaim VAT on pre-registration expenses if they relate to taxable supplies made after VAT registration. The rules differ for goods…

Reclaiming VAT on company cars isn’t as simple as it sounds. Generally, businesses can’t recover VAT unless the car is used exclusively…

Navigating VAT in the construction industry can feel like untangling scaffolding. Enter the VAT reverse charge—special rules that mean sub-contractors no longer…

The VAT Flat Rate Scheme allows businesses to pay VAT as a fixed percentage of their total turnover, which includes VAT. The…

When approaching the VAT registration threshold there are important matters to consider. The VAT registration threshold is the point at which businesses…

The VAT treatment of motor expenses is an important concern for any business that incurs VAT on these costs. Below, we highlight…

There are special VAT reverse charge rules in place for certain building contractors and sub-contractors. These regulations, which came into effect on…

The taxable turnover threshold for VAT registration is currently £90,000 and has applied since April 2024. Businesses must register for VAT if…