Should I Be VAT Registered as a Sole Trader?

can a sole trader be VAT registered

Despite their unincorporated status, sole traders are business owners, and that means a sole trader can be tax registered. However, that doesn’t mean they have to be. Read on to find out more about whether you should be VAT registered as a sole trader. 1. Do Sole Traders Pay VAT? As a sole trader, whether … Read more

What is VAT and How Does It Work?

what is vat and how does it work

This simple overview will help you understand VAT, registration thresholds, different VAT schemes and the impact of Making Tax Digital for UK small business owners.