Do I need to register my business for VAT?

Do I need to register my business for VAT?

This is the question we are often asked by small business owners and if you have recently launched a new business, you might also wonder the same. So, let’s explore the ins and outs of this key area of tax legislation, including the essentials such as when you must...
Maxing Tax Digital (MTD) – April 2022 VAT Changes

Maxing Tax Digital (MTD) – April 2022 VAT Changes

For anyone whose business has been voluntarily registered for VAT, you will soon need to change how you file those returns and you will also need to take on digital record keeping for your VAT accounts. These changes are coming because Making Tax Digital for VAT will...
VAT reverse charge for construction services

VAT reverse charge for construction services

The new VAT reverse charges rules will apply to you if you are in the Construction Industry Scheme (CIS) and VAT registered, and it is likely to apply to supplies of construction work from 1 March 2021.