Most business owners already know the threshold for compulsory VAT registration is a taxable annual turnover of £85,000 - but there is often confusion over exactly what counts towards this figure, and how and when a business should register.
Britain is due to leave the EU on 31 October 2019, “no ifs or buts” according to Boris Johnson. So how will a no deal Brexit affect UK businesses that are trading with countries in the EU?
You might have read that new procedures were expected to be introduced on 1 October 2019, which affect any VAT-registered construction business that does the following:
Thanks to the likes of Amazon’s fulfilment programme, build-your-own website platforms and the simplification of shopping cart technology, it’s easier than ever to set up shop online.
In today’s challenging business environment, SMEs must seize every possible advantage to survive and thrive against growing competition.