VAT – Value Added TAX
Managing Value Added Tax or VAT can be a confusing and time consuming task for many small businesses.
Whether you are a start-up or expanding business looking on advice on whether, when and how to register; or an established business requiring asssistance with your VAT return, Turners are here to help.
And if you trade internationally, the rules become even more complex as the way you deal with VAT in international trade depends on who your customers and suppliers are, and whether they are within the EU or in another country.
VAT is often viewed as an inconvenience or annoyance by many small businesses but it can actually help your cash flow. Manage it correctly and you can be taking in VAT and holding onto it before you have to pay it back out.
So don’t struggle with VAT each quarter, speak to us today.