Some companies may choose to register for VAT voluntarily before they reach the VAT registration threshold, if this is something you have been contemplating then you’ve come to the right place! We are going to run through the pros and cons of registering for VAT so you can make the right decision for your company.
In the Beginning If you are considering starting your own business, then there are several things that you should give some careful thought to. You should check that you can legally go about starting your own business in the UK. Write a business plan Decide on your legal structure Choose a business name and address
Reclaiming VAT on Fuel Are you are thinking about reclaiming the VAT on your fuel, but do you know the rules surrounding this for your VAT return? The treatment of VAT can be complex, so we have prepared this easy guide for you to get started. There are three options for you to choose from