As your business grows you’re going to have to cater for a thing called ‘Value Added Tax’. It’s a consumer tax that kicks in when your turnover passes £85,000. Let’s have a look at how it works.
What is VAT in the UK?
Watch this video on YouTube.
Concerned about privacy? Please read our Privacy Policy before watching videos on this site - link at the bottom of every page. Thank you!
Concerned about privacy? Please read our Privacy Policy before watching videos on this site - link at the bottom of every page. Thank you!
Andy MacLellan has been self employed for over 20 years. In that time he's established award winning businesses and consulted for some of the biggest corporate blue-chips on the planet. His life now revolves around providing independent help to smaller businesses.
Latest posts by Andy Mac (see all)
- Tide account review: Is a Tide account right for me? - 17 November 2020
- Starling Bank review – are high street banks dead? - 12 November 2020
- Self employment lockdown grants extended… again! - 5 November 2020