If you’re wondering how to check if a company is VAT registered, the process is simpler than you might think. There are times when you
If your business is under the VAT threshold, you might be wondering if it’s worth registering anyway. The truth is, being VAT registered has some
Creative Takeaways Here’s how to register for VAT in the UK, along with other frequently asked questions answered by HMRC: 1. Who needs to register
Creative Takeaways A simple video explanation is brought to you by HMRC Tax Facts: 1. Why taxes exist? Taxes aren’t just numbers on a payslip.
Since the UK left the EU, importing goods from Europe has become more complex. If you’re bringing goods into the UK from the EU, the
Pre-registration expenses for VAT are a specific set of expenses you can claim within a certain time period of registering your business. There is some
Following the 2021 Budget, HMRC announced significant reforms to the late filing penalty regime for Self-Assessment tax returns. The HMRC penalty regime is designed to target
Creative Takeaways Here’s the official explanation from HMRC: 1. Who has to pay corporation tax? Corporation tax isn’t just for big companies. You’ll need to
Selling to EU from UK has changed quite a bit after Brexit. UK businesses are no longer part of the EU’s single market and customs
MTIC fraud (short for Missing Trader Intra-Community fraud) is a type of VAT fraud that happens when businesses exploit rules on cross-border trade within the
