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United Kingdom · United KingdomA business must register for VAT when its taxable turnover exceeds the VAT threshold set by HMRC. But what is the current VAT threshold, and what are the steps you need to take to register? A business starts paying VAT once it reaches the VAT threshold set by HMRC. To pay and register for VAT, you’ll need to supply certain information – which can differ depending on your business’s legal structure. So if you’re wondering what the VAT threshold i…Read Article
How to register for VAT
Trade · ChichesterData from Simply Business reveals the top earning trades in the UK plus the areas they’re earning the most. Taking a look at the pre-tax turnover of our trades customers to understand trends within the industry. Find out how your trade fared in 2023/2024 and whether your area is an earning hotspot for tradespeople.
The top earning trades in the UK: at a glance
top earning trade – builders had the highest average annual pre- tax turnover at £…Read Article
