by Accountants Sheffield | Nov 28, 2023 | VAT
We get how you are feeling; as a business owner, you have probably been finding it challenging to keep up with all the tax changes that are happening at the minute. But, staying up to date with tax regulations is crucial to keep your company tax compliant and to avoid... 
by Accountants Sheffield | May 16, 2023 | Blog, VAT
You’ve likely heard the term “VAT threshold” thrown around if you’re a business owner. But what exactly does it mean? VAT can sometimes seem like a daunting prospect, especially if your business is skirting close to the VAT threshold. In this... 
by Hannah Adams | Jan 4, 2022 | Business, Cash Flow, VAT
Paying taxes are a necessary business expense for everyone, from limited companies to sole traders but it can be a drain on cash flow especially if it hasn’t been planned for. This is where an HMRC time to pay arrangement comes in! With VAT, corporation tax, PAYE and... 
by Hannah Adams | Mar 1, 2021 | VAT
Back at the beginning of the pandemic, the government offered a lifeline to VAT registered businesses that were worried for the future of their cash flow. They did this by creating the deferred VAT scheme – automatically deferring VAT payments for thousands of... 
by Hannah Adams | Jan 15, 2021 | Business, VAT
BREXIT has been a hot topic ever since we voted to leave the EU, and even more so in 2020 as the government grappled with a trying to agree a deal with the EU. But what does this mean for VAT? We’ve all been fairly comfortable with how to account for VAT with the EU... 
by Hannah Adams | Dec 1, 2020 | VAT
If your business operates in the construction industry, you’ll no doubt have heard rumblings of changes to how VAT is handled. Due to the UK leaving Europe at the end of 2020, the changes due to arrive in October 2019 were postponed until October 2020, and then...
