Running a business in the UK - we know it comes with its fair share of tax responsibilities. And VAT is often one of the most confusing areas, especially reverse charging VAT. It's something every business owner, freelancer, or entrepreneur needs to understand....
So, what is the impact of VAT registration on your business. That is what I am looking at in podcast episode 127 of I Hate Numbers. There will be changes, and in the words of Charles F. Kettering “People are very open-minded about new things, as long...
About this episode VAT reverse charging can feel confusing because it turns the normal VAT process around. Instead of the seller charging VAT and paying it over, the buyer may need to account for the VAT in their own VAT return. In this episode, we explain what VAT...