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 a VAT Exception?

what is a vat exception

Understand what a VAT exception is, which businesses are eligible to apply for one and how to request this from HMRC.

Is there VAT on Payroll?

is there VAT on payroll

Find out whether there is VAT on payroll and whether you can use the costs of your wages and salaries to reduce your VAT bill.

How to Claim for a VAT Exemption

what is a vat exemption

Claiming for a VAT exemption means a business can avoid registering for VAT, with the agreement of HMRC. In this guide, I’ll explain more about what a VAT exemption is, who can apply for one and how to gain the agreement of HMRC.

Partial VAT Exemption Explained

Partial VAT Exemption Explained

Understand how the partial exemption works & how calculate the portion of input VAT that can be claimed back subject to the de minimis limit

VAT Exempt Sales Explained

vat exempt

Understand what HMRC means by VAT exempt sales, see some examples and understand why they don’t appear on VAT returns.

Making Tax Digital Explained

making tax digital

Find out what Making Tax Digital means, why HMRC have implemented it as well as how small businesses and sole traders are affected.

VAT Calculator

vat calculator

Calculate how much VAT you need to add to your invoices or check how much VAT you’ve paid in a VAT-inclusive price calculator.

VAT Repayments Explained

vat repayments and supplements

A guide to VAT repayments, how long you’ll have to wait and when you may be entitled to a repayment supplement.

How to Work Out VAT Backwards

how to work out vat backwards

How to work out VAT backwards when you have a VAT-inclusive figure or you want to remove VAT to find out the net price.