VAT has become increasingly complicated since it was first introduced in the 70's
BDCMA provide quality Vat services as part of your package wherever possible.In certain circumstances, this may differ .For prospective clients, a free initial 2 hour consultation is offered.
You do not have to register for VAT until you reach the £81,000 threshold within a 12 month period of your business starting – once this amount is reached it is mandatory to be VAT registered.
Some companies voluntarily register for VAT – this could be for many different reasons; customers will only do business with VAT registered companies or you may be looking to purchase many goods where VAT is chargeable and can be reclaimed.
Standard VAT is currently 20%