The laws are changing very fast these days, this has been brought about because of global business growth, technological advances and economic integration. VAT is charged on the value of supplies of taxable goods and services made within the UK, this includes some exports to EU countries. We have the staff at CODDAN who specialise in all aspects of issues regarding VAT.
Our staff have the knowledge and know how when it comes to dealing with VAT matters, good VAT planning can save you a lot of money, what ever your business is we will be there assisting you and making certain that you get the most from the application of the VAT rules.
VAT
Vat is a tax on the final consumption of certain goods and services. The whole idea of VAT came about because of the very high sales taxes and tariffs encouraged smuggling and cheating of consumer goods. It has been criticized by some people, as they see it as a regressive tax. Goods and services that are liable for VAT are known as '' taxable supplies'' if the business you have ''turn over'' reaches the registration threshold, it must be registered for VAT and the business is obliged to charge VAT on all taxable supplies. VAT doesn't apply to things such as types of education, insurance, training and loans, because all are deemed to be exempt.
The staff at CODDAN are keen to assist you with your VAT matters and to reassure you that your concerns are our concerns too. Our staff will make the planning as smoothly as possible for you, thus making sure to improve your cash flow, remain compliance with the EU invoice directive. CODDANS staff are very well equip in dealing with organizations with agency arrangements, leasing schemes, or business promotion schemes that are looking to take their business up to another level.
