VAT generates more tax for the Treasury than any other impost – apart from income tax and national insurance contributions. The impact of VAT on businesses can therefore be very considerable.
In particular, the decision whether or not to register may be crucial for the profitability of very small businesses especially in their early start-up years. Then making sure that the VAT systems run smoothly – both charging and claiming the right amounts can make all the difference to many organisations.
There are a number of special rules and regimes and it is important that managers and business accountants departments are clear about how they operate.
Contents
VAT
VAT
Essential Guides
PDF Files require you to have a copy of Acrobat® Reader in order to be able to read them. This piece of software is freely available from the download pages on Adobe's web site.
Knowledge Bank >
VAT
