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.

Categories VAT

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.

Categories VAT

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

Categories VAT

Making Tax Digital Explained

making tax digital explained

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.

Categories VAT

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.

Categories VAT

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.

Categories VAT

Guide to Going VAT Registered

going VAT registered

Going VAT registered is a major milestone for your business but it does bring with it more responsibilities. Here are some of the things you need to think about as you take this major step so you can get set up correctly, stay on the right side of HMRC and make the admin side of things easier to handle.