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Is There VAT on Milk in the UK?
Whether you are buying milk for your catering business, or doing a quick supermarket run to pick up milk for the office, or having a delivery to your premises, the question of VAT will still apply. We were recently asked whether there is VAT on milk, or whether it is zero-rated. Here’s all you need…
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Are Business Rates Exempt from VAT?
Business rates play a significant role in the financial responsibilities of businesses operating in the United Kingdom. However, questions may arise about the interaction between business rates and Value Added Tax (VAT). In this article, we will explore the relationship between business rates and VAT, including whether business rates are exempt from VAT, the applicable…
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Is There VAT on Amazon Prime in the UK?
Value Added Tax (VAT) is applied to various goods and services in the UK, and this also includes digital products and subscriptions. With the increasing popularity of streaming services, and the Amazon next day delivery option, we’ve recently been asked whether VAT is charged Amazon Prime charges and the subscription service. The simple answer is,…
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I Didn’t Realise I Went Over the VAT Threshold
VAT can be a complex topic for most small business owners, particularly the thorny issue of the VAT threshold. If you have gone over the VAT threshold and only recently realised you did so, you’re in the right place for advice. Before we start to explain what happens if you go over it, let’s consider…
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Is There VAT on Deposits for Rent / Hotels / Property?
Whether there is VAT on deposits has been catching a lot of people out in recent years. This is particularly pertinent to the hospitality and property rental industries. In this guide we will look to address questions regards VAT on commercial rent deposits, in hospitality, and the rental market. Scroll down until you find the…
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Is There VAT on Import Duty? (Pay / Reclaim VAT Back)
With rising costs it’s important to understand how VAT on import duty works, and whether you can claim it back. In this guide we will explain how VAT is calculated on imported goods, what you pay, and how to make an import duty VAT reclaim. Getting it wrong could be the difference between making a…
