Accountants often don’t get enough credit for how much they bring to a business and their involvement in growing a company and helping it thrive. Of course, we do tax and compliance work – that’s a given. But we can do so much more. We can give you strategic advice...
We have already covered the topic of VAT in our complete VAT guide as well as VAT registration & deregistration thresholds. However, there are some special VAT schemes that apply to certain business industries and include different rules of accounting for VAT....
Maximising profits is one of the main goals for every company and so it’s natural that business owners tend to be very strict with the money that is going out of the business. However, some expenses are unavoidable, so the key is to manage them wisely to maximise...
On the 1st of January 2021, the UK officially became independent from the European Union and all the new post-Brexit measures came into effect. Brexit has brought certain changes that impact citizens as well as the way companies do business with the EU. One of those...
If you’re unsure whether you should be registered for VAT we’ve put together this handy guide to help you. What is VAT? VAT stands for Value Added Tax. it’s a Government tax that’s added to certain goods and services that are produced within EU member...
Thresholds from January 2021 Registration threshold £85,000 Registration for distance selling into Northern Ireland £70,000 Registration for bringing goods into Northern Ireland from the EU £85,000 De-registration threshold £83,000 Registration threshold VAT...