Corona News: VAT payment Deferrals for Business

Corona News: VAT payment Deferrals for Business

A lot of businesses are suffering cashflow crisis as a result of Covid-19.  Therefore, the Chancellor has announced a VAT payment deferral in the requirement to pay output VAT from 20th of March to 30the of June 2020. All VAT registered businesses will not be required...
VAT Registration: Advantage or Burden?

VAT Registration: Advantage or Burden?

Most people associate VAT registration with an obligation rather than as something that could give an advantage. But there are two ways in which applying for VAT registration could be regarded as giving some kind of advantage: reducing risk; and obtaining a better...