How Much VAT Do I Need to Charge?

Most of us pay VAT daily, whether it’s for a specific service or purchasing our favourite savoury snacks. It stands for ‘value-added-tax’ and is a consumption tax that’s charged on a product during each point of sale where value has been added. As a business, registering for VAT is mandatory if your taxable turnover in…

Pandle Update: Reauthorisation Reminders for MTD

Have you ever noticed the way that far-off deadlines suddenly speed up their approach when you’re not looking? They can be quite sneaky like that. When important dates seem like a problem for future you, it’s all too easy to put things off, forget all about them, and then be left scrambling at the last…

The Ultimate VAT Jargon Buster

A Jargon Buster Guide to VAT

We all pay VAT on most of the items or services we purchase. If you run a business, then you may also need to become involved in the VAT system as a collector. It sounds confusing (to be honest it sometimes can be), so we’ll use this article to “bust the jargon” surrounding VAT. We’ll…