News,May 2018

VAT on overseas services

The VAT Complexities of Supplying Services Abroad

24/10/2022VAT

We can not deny that technology today is the reason that international business has reached its peak and has become more than accessible. It’s just a game of having the availability of a laptop and a good connection and there you go. Any kind of freelancer can offer services internationally. Even the small initiates in …

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when to pay vat

When are VAT Payments Due?

26/08/2022VAT

When to pay VAT? If this is the question bothering you as you have registered your business for VAT with the HMRC. VAT is very confusing and you must ensure you have to pay VAT and you get a VAT refund from HMRC at the end of each tax year. For this, you need to …

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is there VAT on coffee shops

Why Cafes and Coffee Shops are at Risk of VAT Mistakes?

24/08/2022VAT

We all know how people are so inclined towards coffee shops these days, especially the youth is a prominent frequenter of cafes and coffee shops. This makes you aware of the frequently asked question at the coffee shop for the popular product coffee, whether to get you a white or black coffee? Are you interested …

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the eBay fee calculator UK

Do you Pay VAT on eBay Fees?

18/08/2022VAT

In the UK, when you sell any product or service, value added tax which is known as VAT is charged in most cases. Market place retailers are clear here that they will have to pay VAT on sellers’ fees. This makes a requirement of charging VAT to the customers on any product purchase. The standard …

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tax relief on mortgage interest

Explained: Buy to let Mortgage Interest Tax Relief

05/08/2022VAT

In the past, the rental income earned by the landlords used to be declared according to their wishes. However, in this modern era, the industry has changed a lot. There are new rules and the landlords are now bound to declare according to the new ways introduced. This will increase the tax rate. The landlords …

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Reclaiming VAT on EU purchases

How to Reclaim VAT on EU Purchases?

04/08/2022VAT

We all love being abroad and going on a vacation to get a break from work. Whether you are associated with the business world and carrying out your business activities or you work for an employer and own different employment status, the mutual ground of employees is to be agreed on being abroad. This changes …

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What is the VAT threshold

VAT Threshold – What is the VAT Threshold?

02/08/2022VAT

Whether you are carrying out a small business or large, when you are residing in the UK and running a business, you are supposed to get your business registered for VAT. This limitation becomes a condition after the annual turnover of your business has crossed a certain limit of the threshold. Wondering what is VAT …

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