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VAT Threshold History

The VAT threshold is set each year as part of the UK Budget. Over the last three years, we have not seen any changes to the threshold. But it has been changing over the years. Here is a summary of the VAT threshold History.

Categories VAT

Is there VAT on Rent Deposits?

Is there VAT on Rent Deposits

Generally only commercial landlords have to consider the question of VAT on rent deposits. Residential landlords are outside the scope of VAT and so are unaffected. Question: Is there VAT on Rent Deposit? Answer: There is no VAT on Rent Deposits Let’s look at why. VAT can be one of the most confusing taxes a … Read more

Categories VAT