Tag Archives: VAT

Uber must start charging VAT

Uber blog header

It’s safe to say that since Uber launched in the UK in 2012 it has had a huge impact and changed the industry forever. The convenience of being able to hail a lift at the touch of a button, see the cost of the fare before booking and paying online so no cash needs to […]

Making Tax Digital

Making Tax Digital

The start of Making Tax Digital (or MTD for short) happened on the 1st of April 2019 and it’s the biggest shake up the UK tax system will have seen for many years. HMRC’s main goal of MTD is to make tax administration simpler, faster and more efficient when it comes to us managing our […]

How do I recharge expenses to clients?

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The best kind of clients are the ones that pay for our nice hotel and cheeky McDonald’s breakfast, right? We would never take the mick, but there are times where it is appropriate, and agreed with the client beforehand, that our expenses incurred will be recharged to them, along with the cost of our services. […]

Tax and VAT implications on gifts

Tax and VAT implications on gifts

It’s that time of year again when we all start to think about the dreaded “C” word and plan our festive season. For some businesses, it is a time where they like to take the opportunity to acknowledge, thank or reward some of their customers and/or employees by giving gifts. But what are the tax […]

How to deal with VAT invoices when you’re not VAT registered

How to deal with VAT invoices when not VAT registered

When you set up a business you don’t have to register for VAT too, you can be an unregistered business (as long as you’re not over the turnover threshold – see below for more!).  Other businesses that you work with – suppliers or customers will be VAT registered.  We talk alot about how things work […]

Can I put food and drink through my limited company?

can I put food and drink

What’s your favourite food? Is it a tea or coffee you need to keep your eyes open for your commute in the morning? Or on a night out, what’s your cheeky cocktail of choice? Now, how much better do all of those things taste when you know they’re being paid for through the business, reducing […]