Your quick guide to VAT in the UK
As a small business owner it’s important that you understand the ins and outs of VAT: what it means, how you can register your business, and how to figure out if you get a VAT bill or refund.
VAT can seem a bit daunting at first, but you’ll get your head around it in no time. This quick guide takes you through everything you need to know to get started with VAT.
Chapter 1: What is VAT?
Knowing the basics of VAT is vital for small business owners in the UK. Find the answers to your VAT questions – from how it works to registering, and more.
What is VAT?
This guide is intended as general information only. Always check with a professional for advice.