When to register for VAT

When to register for VAT

Do I need register with HMRC for VAT? You must register with HMRC for VAT when your sales turnover reaches the VAT threshold of £90,000 (2024-25) in any rolling 12 month period. If you use an accounting software you can easily keep track of this b ...

Limited Company vs Sole Trader

Limited Company vs Sole Trader

Should I open a company or stick with being a sole trader? I hear this question come up quite a bit and to be fair with all the tax savings being slowly stripped away from limited companies, it is no wonder business owners are in a bit of a quandary ...