VAT

Effective VAT planning aims to ensure that VAT is relatively painless, and that you are reclaiming as much as possible of the VAT you pay.

VAT
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VAT - overview

Our overview of how VAT works, when you might need to (or choose to) become VAT-registered and what your obligations will be if you do.

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VAT

A guide to VAT: how VAT works, what it is charged on, should you register?, charging customers VAT, VAT invoices, reclaiming VAT on purchases, VAT returns, and VAT accounting schemes.

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Common VAT problems

It can be easy to make mistakes with VAT - and ignorance is no defence. Here's our guide to some of the possible pitfalls and how to avoid them.

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VAT records

As well as ensuring you comply with your legal obligations under the "Making Tax Digital" initiative, maintaining accurate, current VAT records makes it easy to get the VAT you paid back.

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VAT returns

The VAT return summarises your sales and purchases and the VAT relating to them. All the information you need should be in your VAT records.

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VAT accounting schemes

VAT accounting schemes can make your life easier, simplifying your VAT accounting and in some cases improve your cash flow.

Using laptop, holding credit card - Pay your VAT bill
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Pay your VAT bill

Use this Tool to find out how you can pay any VAT owing to HM Revenue & Customs.

dice with percentage signs - Work out the correct rate of VAT
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Work out the correct rate of VAT

VAT-registered businesses charge VAT on sales of goods and services. Use this tool to find the correct VAT rate you must charge and pay to HMRC.

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VAT registration

If you register for VAT with HM Revenue & Customs (HMRC), you must charge VAT on any goods and services you sell that are subject to VAT.