Should I register for VAT?

A screen shot of the gov uk website showing legal conditions to register for VAT.

Business owners ask us Accountants a lot of questions about VAT; here are some of the common ones and some general guidance. Value Added Tax (VAT) is a tax imposed by the UK government on the sale of goods and services. If your business has a turnover of more than £85,000 in a 12-month period,…

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