What Business Owners Need to Know About VAT episode artwork

EPISODE · Jul 23, 2024 · 9 MIN

What Business Owners Need to Know About VAT

from Being a Business Owner · host Alexis Charkiw

Financial jargon isn't everyone's lingo - but luckily for you, it's my second language! Join me in this week's episode as I shed more light to help you understand the confusion of VAT and how it really works within your business. From understanding how to calculate VAT to exploring some quirky rules (did you know there was a whole court case about whether Jaffa Cakes are cakes or biscuits for VAT purposes?), we're leaving no stone unturned. So whether you're approaching the VAT threshold or just want to be prepared, this episode is packed with practical insights.   In this week's episode, I discuss; • What VAT is and how it works • How to calculate VAT on sales and purchases • The VAT threshold and when to register • How VAT registration can affect business growth • The complexity of VAT for different types of goods and services • Upcoming VAT threshold calculator tool • The importance of understanding VAT for business owners   Let's Connect: Right Click HQ LinkedIn Instagram Facebook  

Episode metadata supplied by the publisher feed · Published Jul 23, 2024

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