VAT (Value Added Tax)
VAT may (or may not) be a requirement for your business. If the business is registered for VAT then it can generally claim back the VAT on the costs it has incurred but it also needs to charge VAT on the products it is selling – in some instances it can be often better not to register but this is only in certain circumstances. Our experts will go through your requirements before your tax registration and ensure your registration details are specific to your particular circumstances.