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Tel: 01444 257155
At Peter Lawson & Co we can advise companies in the Burgess Hill area about group VAT registration. Here are some of the issues to consider.
VAT grouping occurs where two or more companies or limited liability partnerships are treated as a single taxable "person" for VAT purposes. A VAT group is treated in the same way as a single company registered for VAT on its own.
In general, the members of the group each have to have an establishment in the UK and be under common control. There are special conditions for VAT groups with an annual turnover of more than £10 million.
Advantages of group registration are:
As with most other areas of the tax system, VAT Groups are subject to detailed anti-avoidance provisions.
If you’re based in the Burgess Hill area and would like further advice on VAT group registration, please contact Peter Lawson & Co.
13 Nov 2019
Next year's expansion of the off-payroll rules into the private sector should be delayed, according to the Federation of Small Businesses (FSB).
12 Nov 2019
The UK economy has avoided falling into recession although growth remains slow, according to the latest figures from the Office for National Statistics (ONS).
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Our summary of the key announcements from the Chancellor's latest Budget .
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