Yatiyantota, Jan 18 (Daily Mirror) - Every business or industry with a turnover of Rs. 80 million per annum must be registered for Value Added Tax (VAT), and the VAT registration certificate must be ...

The run-up to a Budget always sees a swirl of rumours and speculation and this year is no exception. In fact, it’s hard to ...

There is a VAT threshold for every small business that is set by HMRC and can vary. Once taxable income exceeds the value set for any given financial year, businesses must register for VAT. Failure to ...

If a business in the UK achieves a turnover of over £85,000, they must register for VAT. If your business is approaching this level of turnover or has exceeded it recently, read on to understand how ...

“But 100 per cent of my supplies are zero-rated. Isn't VAT registration required only when VAT is payable or recoverable? I am neither recovering nor want to recover any VAT input credit”, the owner ...

Client sold a VAT registered trade from one subsidiary to another for a substantial figure, expecting it to be a TOGC, however they thought they ...