For most fully taxable businesses, VAT can be reclaimed on goods and services used in the business. This means that businesses must consider where
It is well over a month since the implementation of a full border between the UK and the EU. Because of the pandemic, trade
INTRODUCTION New VAT rules are due to come into effect from March 2021 which will impact on accounting for VAT for transactions in the
‘For me, the best things about working with Burton Sweet, are the peace of mind and good regular communication they provide. I am always advised in advance of any action required. The time and guidance they gave when I started out was, and still is, priceless to me.’
Managing your accounts, tax returns and VAT can be difficult. Our services aim to keep things simple, so you can focus on what you’re best at.
We support limited companies from a range of sizes, sectors and situations, so they can make the correct decisions, as supported by the data.
The services we offer are well suited to the needs of solicitors, so they can best run their practice and look after their clients.
A voluntary VAT deregistration can be made if you do not expect your taxable turnover to exceed the VAT deregistration limit. The current deregistration limit is £83,000.
If you are running a small business that has been adversely affected by
Whilst the majority of businesses charge VAT at the standard rate of 20% there are a number of different VAT rates and exemptions that businesses should be aware. There are actually three separate VAT rates, the standard rate of 20%, the reduced rate
