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As VAT accountants we offer tailored solutions that meet your business needs, whether public or private. We can help save time while meeting tax requirements efficiently while ensuring you don’t pay any unnecessary taxes.
ReplyDeleteVAT is the tax you must pay when purchasing goods or services. However, if your company has a turnover of more than £85,000, you will be required to register for and collect VAT on products. In that case, retailers can buy from VAT registered companies and charge customers a reasonable amount. However, there are specific rules to follow once registered each quarter; otherwise, penalties could be applied.
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