Currently viewing the category: "VAT"

We’ve just released our first Android app for calculating VAT. It’s available in the Android Market here.

Our VAT Calculator is a handy application designed to make working with VAT easy. Especially for reverse VAT calculations.

Simply enter the amount you wish to calculate and select if the value already includes VAT or [...]

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Ready for January 1 VAT Increase?

On December 8, 2009 By

We’ve been living with 15% standard rate VAT for a year but on January 1 2010 the rate will revert to 17.5%. What are the main rules to watch out for?

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Major changes to VAT in 2010

On November 12, 2009 By

In 2010 three major changes to VAT will be introduced.

1. VAT rate
On 1 January 2010 the standard rate of VAT reverts to 17.5%

2. VAT registered businesses
The VAT rules for businesses who:

Supply services to or receive services from overseas businesses Supply goods to other EC countries Reclaim VAT incurred [...]

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VAT paper returns to be phased out

On November 6, 2009 By

VAT paper returns are to be phased out completely by 1st April 2010. VAT returns will instead be filed online and payments made electronically. This will apply to all newly registering business and also established businesses whose annual turnover exceeds £100,000.

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