VAT

VAT on digital services

Value Added Tax And Digital Services: E-commerce Businesses Need To Be Aware!

A mutual and constant problem associated with online and e-commerce businesses is the value-added tax (VAT). VAT on Digital Services varies depending upon the services provided to another business or a private customer.   This Guide will provide further information on: How to Define Value Added Tax (VAT)? What comes under Digital Services? VAT Application On …

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Hurry-Up! Time is Running Out to Join the VAT Deferral Scheme

If your business has deferred VAT payments of the last year, you have less than one month left to pay it in installment under the new VAT Deferral Scheme. In this blog, we will discuss the options available for businesses to avoid a 5% penalty on the deferred VAT. The UK government has provided a …

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Should Your Limited Company Outsource an Accountant

Among the different types of tasks that we deal with daily as we run our companies, the one process that we’ll never look forward to is dealing with accounting.   Although other tasks involved in the process of running a company all bear their respective difficulties, nothing usually gets as complicated or difficult as overseeing …

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