VAT
VAT can be a daunting tax to many businesses. Here at Cheadles we try to cut the bureaucratic tape and explain VAT in simple terms.
There are many different types of VAT schemes available to a business, below are just a few examples:
- Standard Accounting
- Cash Accounting
- Annual Accounting
- Flat Rate Scheme
- Flat Rate Cash-based scheme
- VAT Margin schemes for second hand goods
- VAT Retail schemes
Here at Cheadles we can help you decide what type of scheme is best for you. If you are already VAT registered we can review if you are on the best one for your business or if you could save money moving to a different scheme.
