UK VAT for SME
An easy way to navigate VAT!
VAT for small and medium-sized enterprises (SMEs)
Our services include Register for VAT and Making-Tax-Digital VAT Filing (MTD), ensuring that your business complies with all legal requirements. With our support, you can focus on growing your business while we handle your VAT seamlessly.
A brief introduction of VAT
Registration Threshold:
Businesses must register for VAT if their taxable turnover exceeds £90,000 in a 12-month period. Below this threshold, registration is optional.
Rates:
The standard VAT rate is 20%. There are reduced rates (5% and 0%) for certain goods and services, such as children's clothing and certain energy-saving materials.
Filing:
VAT-registered businesses must submit VAT returns, typically on a quarterly basis, detailing sales and purchases.
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Disclaimer
The information provided on our website is for general informational purposes only, may not be up-to-date, and should not be considered as professional advice. We do not accept any liability for losses or damages incurred by anyone who claims to have relied on the information provided here. Your use of this site constitutes your acceptance of this disclaimer.