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Nottingham: 0115 9621590 - Newark: 01636 702100
Everyone thinks that VAT is charged at 20%.
Most people in business even know that you must join the club once your turnover passes £85,000.
That’s it, simple.
But it’s not, and VAT is possibly the most complex tax of all. And the penalties that can be incurred for not being able to follow the myriad list of rules and regulations, often totally illogical, can be punitive.
Due to its complexity, in all cases it is essential that you take advice before acting, and plan accordingly. That will save time and money.
We can help and advise on your compliance or plans, or even assist each quarter with the filing of your returns.