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...
What is a Limited Company?

What is a Limited Company?

According to Companies House, a limited company is a business structure that has been incorporated with them as a legal ‘person’. This means it is separate from its owners, can enter into contracts in its own name and is responsible for its own actions,...