How to Calculate VAT as a Self-Employed Individual in the UK?

How to Calculate VAT as a Self-Employed Individual in the UK?

Value Added Tax (VAT) is a crucial part of the UK tax system, and it impacts self-employed individuals since they are obliged to comply with the HMRC VAT regulations if their business meets specific criteria. Moreover, being self-employed, if your business is VAT-registered, you must charge VAT on all the goods and services you are […]

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