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.
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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.
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