VAT is administered by HMRC. If your annual turnover exceeds £90,000 in the previous 12 months you are required to register for VAT (threshold as from April 2024). This means that once registered you ...
HMRC collect Value Added Tax (VAT) through charging VAT at the point of sale on most goods and services in the UK. Businesses registered for VAT can charge VAT on their sales of goods and services, ...
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