Category: VAT

  • Should I Register for VAT as a Limited Company?

    Should I Register for VAT as a Limited Company?

    If you are deciding whether your limited company should be VAT registered, please read our guide. It will take 15 minutes or so but has the potential to possibly save you a lot of headaches in the future if you get this decision wrong.   However, the choice of registering for VAT as a limited company…

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  • Is There VAT on Bus Tickets? (Exempt or Zero-Rated)

    Is There VAT on Bus Tickets? (Exempt or Zero-Rated)

    With the UK VAT rate currently standing at 20% it’s possible your business could be missing out on cash and profits if you don’t reclaim VAT on travel expenses. However, it’s not always obvious what expenses have VAT applied, for example, if there’s VAT on bus travel.  Is there VAT on bus tickets? No, VAT is…

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  • Is There VAT on the Congestion Charge? (TFL in London)

    Is There VAT on the Congestion Charge? (TFL in London)

    The TfL Congestion Charge is currently set at an £15 daily tariff. Motorists can pay it and leave and re-enter the congestion charging zones as many times as they need in one day.  That’s easy enough to understand, but there is confusion for business owners as to whether there is VAT on the congestion charge…

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  • Pros & Cons of Being VAT Registered (Advantages / Disadvantages)

    Pros & Cons of Being VAT Registered (Advantages / Disadvantages)

    If you are worried about going VAT registered, please take the time to read our guide which explain the pros and cons of becoming VAT registered. We will explain the advantages and disadvantages of being VAT registered so you can then decide what the correct route for you and your business, or being a sole…

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  • Is There VAT on Train Tickets? (Zero Rated or Exempt)

    Is There VAT on Train Tickets? (Zero Rated or Exempt)

    With a standard VAT rate of 20% in the UK you could be losing out on valuable cash and profit in your business if you do not reclaim VAT on your travel expenses where possible.  But it’s not always obvious when you can claim VAT, for example, small business owners often question whether there is…

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