'VAT Flat Rate Scheme' simplifies VAT return process for small businesses in the UK. You pay a fixed percentage of your VAT inclusive turnover. Simplify taxes! 🔄 To explore more, schedule a meeting on our website. #VATInsights 👉🏻 swannaccounting.co.uk
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📣 Attention Business Owners! 📣 This is a takeaway from our guide on VAT returns. If your business turnover is 𝗼𝘃𝗲𝗿 £𝟴𝟱,𝟬𝟬𝟬 𝗳𝗼𝗿 𝘁𝗵𝗲 𝟮𝟬𝟮𝟯/𝟮𝟰 𝘁𝗮𝘅 𝘆𝗲𝗮𝗿, you’ll need to complete a VAT return. For all the details, read more here 👇: https://lnkd.in/ejTdVxVc #VATReturns #BusinessOwner #Refund #HaggardsCrowther
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Curious about 'Input VAT' and 'Output VAT'? Input VAT is the tax you pay on your business purchases while Output VAT is the tax you charge on your sales. The difference is what you owe to HMRC. Need expertise to plan your business finances? Reach us at our website and book a chat 💡. #VATBasics 👉🏻 growyournumbers.info
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Navigating the complexities of VAT can be daunting for individuals and small businesses alike. Engaging an accountant not only ensures compliance but also helps you identify opportunities to minimise your tax burden and optimise cash flow. Let us take the stress out of your VAT obligations! #VATSupport #TaxEfficient www.donaldsonross.co.uk
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Curious about Input VAT? It's the tax paid on goods or services purchased for your business. Reclaim it correctly for improved cash flow! Learn more on our website. #VATKnowledge 📝 👉🏻smithbutler.co.uk
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If you are an individual, SME, or a business with regular VAT refunds, you may qualify for a bi-annual VAT return period instead of the usual three months. Let us help you make the switch and ease your tax burden. Contact us now for a smoother VAT experience! 📞 +971 58 1547098 🌐 www.flyingcolourtax.com 📧 [email protected] #flyingcolourtax #vatreturn #vatlaws #taxlawsuae #taxexpert #taxadvisor
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Are you one of the 28,000 small businesses which has been freed from paying VAT? The threshold rose for the first time in seven years on April 1, from £85,000 to £90,000 - although the Federation of Small Businesses (FSB) had campaigned for a more significant increase. VAT nevertheless remains a burdensome tax which many businesses unintentionally over or underpay as a result of its complexity. If you require the assistance of a professional, get in touch with our experts. https://lnkd.in/gR2hcQx7 #VATThreshold #BusinessTax #TaxExperts #BusinessSupport #TaxAdvice
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Value Added Tax (VAT) is a significant consideration for businesses. It impacts your cash flow, the amount of admin work needed, and even your overall profitability. One option available to businesses with a VAT exclusive turnover of £150,000 or less is the VAT Flat Rate Scheme, which offers a simplified approach to VAT accounting. However, deciding whether to adopt this scheme requires careful consideration of its benefits and drawbacks. https://buff.ly/3TfrhPA #VAT #VATFLATRATE #business #cashflow
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💷 Tax Tips Tuesday: Claiming VAT on Business Expenses 💷 It's #TaxTipsTuesday, and today's focus is on VAT—specifically, how to reclaim it on business expenses. VAT Reclaim: Learn what qualifies, from office supplies to business travel, and how to claim it effectively. Ensure you're not leaving money on the table. Contact LT Accounting for detailed guidance on maximising your VAT recovery efforts. https://ltaccounting.uk/ #TaxTipsTuesday #VATReclaim #BusinessExpenses #MaximizeVATRecovery #LTAccounting #TaxDeductions #FinancialTips #BusinessTravelVAT #OfficeSuppliesTaxTips #SaveOnTaxes
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🧾 Value Added Tax (VAT) is a consumption tax that businesses must charge on the majority of goods and services they sell. ✅ Check out our latest blog post about how much VAT is charged in the uk? 🔗 Don't miss out! Click the link in our bio to read more! ☎️ Need professional accounting service or tax advice? Contact us to book a 15-min Free Consultation with us today or email us at [email protected] ( vat, vat registration, vat threshold, vat rates, uk business owners, uk businesses) #ukvat #ukvatregistration #ukvatreturns #uksmallbiz #ukbusinessowner
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A handy guide to VAT calculation for business. You'll need to add a tax to your sale price if your business is registered for VAT in the UK. Here's how it will affect your prices. https://bit.ly/3XG3KL0 #taxtips #VAT #VATguide
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