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VAT

Оглавление

Whichever tax status you choose, if your business turns over more than a certain amount (always check the latest level), or you think your turnover will soon exceed this amount, you must also register for value added tax (VAT).

You can voluntarily register at any time. Being VAT-registered can bring credibility with certain customers, but adding VAT to your invoices may make you more expensive than competitors and you will have to file a VAT return four times a year.

 How and when to register for VAT | www.hmrc.gov.uk/vat/start/register

A HouseBeautiful Home Business

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