Submission of VAT returns on time is an important aspect of any business to maintain a good reputation and avoid any hassle or any fine levied by the Government on the same business in case the business is considered as a VAT defaulter by the Government. Businesses having an authentic […]
Author: Allan Lloyd
Important UK VAT Registration Guidelines for Joint Ventures and Groups
VAT registration is done for a "person" and not for the business. This "person" can either be considered an entity (organization) or any legal person or an individual. A legal person’s a distinct body or an entity that exists separately from the legal/natural persons comprising that particular body or entity. […]
7 Key FAQs of the Current EU VAT Decree
The decree of EU (European Union) VAT has undergone a minor change from 1st January, 2015. This has specially affected the digital servicing sales between a seller and a consumer. Let’s go through some important FAQs related to the current decree of EU VAT. What are the business criteria required […]
Setting Business Plan? Errors You Must Avoid
Are you a budding entrepreneur or eager to grow your business? Regardless of whether you are just a start-up or intend to grow your business, you need a business plan. The roadmap to success, this is essentially an answer to a list of questions. The business plan needs to answer […]
Forming a Company? Business Start Up Checklist for You
So, you are all set to work for yourself, right? Now where do you start? There are several things to do as well as remember while forming a company. Beginning a business involves planning, taking financial decisions as well as completing a series of legal actions. Forming a company is […]
Dormant Company: A Quick Guide
A dormant company is registered with the Companies House, but has had zero business activity during the period of an accounting year. These companies are inactive since no trading activity has taken place throughout the period. Therefore, administrative requirements for dormant companies is quite negligible. In the absence of any […]