14 Elm Road, Chessington, KT9 1AW.
Provided useful resources access to HMRC and company forms.
Value added tax
|Value Added Tax from 1 April 2018|
|Current Turnover Limits|
|Registration - last 12 months or next 30 days over||£85,000 from 1 April 2018|
|Deregistration - next 12 months under||£83,000 from 1 April 2018|
|Cash accounting scheme - up to||£1,350,000|
|Optional flat rate scheme - up to||£150,000|
|Annual accounting scheme - up to||£1,350,000|
VAT on fuel for private use in cars
Where businesses wish to reclaim the input VAT on fuel which has some degree of private use, they must account for output VAT for which they may use the flat rate valuation.
The table shows the VAT chargeable for quarters commencing on or after 1 May 2017. Please contact us for any updated rates.
|CO2 emissions||Quarterly VAT|
|(g/km)||Flat rate valuation £||VAT on charge £|
|120 or less||140||23.33|
|225 or more||492||82.00|
As well as general accountancy and tax skills, we also have individual specialist skills which enable us to provide clients with a first class service as and when required. With our wealth of experience, we pride ourselves on delivering an unparalleled service to all clients, whatever their size or sector.
©2018 Copyrights. MaxiMax All Rights Reserved.
Developed by AdamEve&Apple.