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
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What Business Owners Need to Know About VAT
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