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Category Archives: VAT

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VAT Flat Rate Scheme – What Is It All About?

VAT Flat Rate Scheme – What Is It All About?
VAT Flat Rate Scheme - What Is It All About? VAT Flat Rate Scheme - What Is It All About? You must register for VAT with HM Revenue and Customs (HMRC) if your business’ VAT taxable turnover is more than £82,000. The amount you pay to HMRC each quarter will be the difference between the…
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Getting a VAT Deduction on your Home Office Costs

Getting a tax deduction for your home office costs GETTING A VAT DEDUCTION FOR YOUR HOME OFFICE COSTS Who is eligible? Not everyone who works from home will be eligible to claim back the VAT on their home office costs, so here's a checklist for you to determine whether you need to read further. You…
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