Budget 2015 – VAT

VAT

The VAT registration threshold will increase by £1,000 to £82,000, and the deregistration threshold will increase from £79,000 to £80,000. Both changes will take effect from 1 April 2015.

Pre-announced changes to prompt payment discounts will also come into force from 1 April 2015. From this date business will no longer be able to automatically charge VAT to customers on the value of their sale less any prompt payment discount.

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Jan 24

No events today
What's the best thing about Dodd & Co? Heidi Marshall. She has taken exemplary care of my business accounts - a true dental practice specialist. I would not hesitate to recommend her to any of my colleagues.
-- Anne Nicholson