VAT registration thresholds

The thresholds for registering for VAT or joining a VAT accounting scheme from 1 April 2015. VAT thresholds Circumstance Threshold VAT registration More than £82,000 Registration for distance selling into the UK More than £70,000 Registration for bringing goods into the UK from the EU More than £82,000 Completing simplified EC Sales List £106,500 or Read more about VAT registration thresholds[…]

Are you ready for VAT rate increase?

As you might know from the 4 January 2011 the VAT rate in the United Kingdom will rise from 17.50% to 20%. HMRC have issued some rules and guidance in an attempt to encourage the compliance for VAT registered businesses. Businesses and self employed people should start accounting for VAT at 20% with effect from Read more about Are you ready for VAT rate increase?[…]