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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Jul 20

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I started my business 12 years ago and can confidently say engaging the services of Dodd & Co Accountants, has been one of my best business decisions. You can rely on professional, efficient and above all informative assistance whenever you need.  I find Dodd & Co to be proactive and actively prepared to work on my behalf, taking the initiative and contact me should they feel they have information that would benefit the efficient running of my company. They have experts in all the relevant fields and provide me with a comprehensive and above all friendly service.  
-- Julie Shead