Pros and Cons of Being VAT Registered

Pros and Cons of Being VAT Registered

When starting a new company, be prepared to adhere to a number of inevitable legalities, such as your VAT registration. You must legally register for VAT when your taxable turnover (not your profit) for the previous year exceeds £85,000 (or is expected to do so...
Register for Self Assessment: Deadline and Details

Register for Self Assessment: Deadline and Details

Once your company formation is completed and you’re officially registered and trading, there are a number of imperative administrative tasks you’ll need to process: including the obligatory Self-Assessment for your company tax returns. Here we outline how,...