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As the regulations surrounding VAT continue to change, it can be often too difficult to understand. But, at Total Tax Solutions we are here to assist you.
At this current time, businesses (including Limited Companies and Sole Traders) with a taxable turnover over £85,000 in a 12-month rolling period must register for VAT. However, if you have an annual turnover of under £150,000, there are also VAT scheme options available to you.
VAT can be a difficult process to understand, but it is one that needs to be carried out, as
failure to completion can often result in fines and other issues. But do not fret, at Total Tax Solutions, our finance experts can ensure that you’re getting the most out of your VAT. We can also assist you with your own individual circumstances, as well as helping to find the best scheme for you.
To learn more or to talk with one of our finance experts, call us today on 01325 488788 or contact us via email at firstname.lastname@example.org
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