Value Added Tax (VAT):

When we hear about VAT an additional tax comes straight into our mind but in reality you may be better-of being registered than non registered business.


All businesses making VAT taxable turnover over a certain turnover threshold (2017:£85,000) are to be register by law.

Other business which do not meet the threshold criteria can still register on voluntary basis.

There are several schemes and options to opt i.e.:

  • Cash basis or accruals basis
  • Flat rate or standard rate
  • Quarterly or annual

In order to get advise to select the best scheme for your business you can give us a call on 020 7278 0007 or book a FREE No Obligatory Initial Consultation with one of our qualified accountants.