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VAT - Value Added Tax
What to Do if your New Business’s VAT Number has not Arrived Yet?
Last updated: 14 October 2026 What should you do if your new business’s VAT number hasn’t arrived? Carry on trading, but account for VAT from
When exactly will I have to register for VAT?
I generally invoice about £5,000 per month, some £60,000 per year, so my business is not yet VAT registered. However, from 1 April a new
When Should I Record Business Payment as Paid for my VAT Records?
Last updated: 14 October 2026 When should you record a business payment for your VAT records? It depends on the VAT accounting method you use.
Which VAT Scheme to Use?
Most businesses know that once the tax turnover for a business exceeds the VAT registration threshold (currently £85,000 a year), or it is expected to
Will I have to charge VAT on Bakery items?
Last updated: 14 October 2026 Do you have to charge VAT on bakery items? Most bakery food is zero-rated, so a VAT-registered bakery charges 0%