Advising on the planning and administration of VAT
Every company in the UK, which exceeds income £85000 in the last 12 months, must register and settle VAT. Value added tax (VAT) is charged on most business transactions and on many goods and some services.
There are three rates of VAT in the United Kingdom:
basic rate of 20%
the reduced rate of 5%
zero rate 0%
Clearing VAT must be made every three months.
The main advantages of registration for VAT purposes:
bility to recover VAT input
a larger group of customers who prefer the texture than the account ability to purchase goods with zero VAT rate
opportunity to use the simplified model of settlements
Our other services includes:
Registration for VAT
The quarterly settlement of VAT
Registration of VAT
Advising on the planning and administration of VAT
Every company in the UK, which exceeds income £85000 in the last 12 months, must register and settle VAT. Value added tax (VAT) is charged on most business transactions and on many goods and some services.
There are three rates of VAT in the United Kingdom:
basic rate of 20%
the reduced rate of 5%
zero rate 0%
Clearing VAT must be made every three months.
The main advantages of registration for VAT purposes:
ability to recover VAT input
a larger group of customers who prefer the texture than the account
ability to purchase goods with zero VAT rate,
opportunity to use the simplified model of settlements
