VAT Value Added Tax (VAT)
VAT is a tax on sales and has nothing to do with profit. The current registration limit is £90,000 so once your sales reach £90,000 in any 12-rolling period you must register for VAT immediately. This can be done by downloading the form from HM Revenue & Customs website or completing the form online which…
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Transerring Property
When you transfer property which in not your residential home into a company this must be done right as this has huge tax implications if not done correctly. There is a way to get this into a company avoiding stamp duty but this only applicable to those who run this as a partnership. By a…
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