Beneath the intricate web of global commerce lies a challenge that can determine success or failure in today’s market: VAT compliance. Often seen as a back-office task, VAT compliance is increasingly ...
The VAT threshold is the volume of annual turnover at which businesses are required to register for value-added tax (VAT). Since April 2024, the UK VAT registration threshold has been £90,000. VAT ...
In the 2025 Budget Speech, Finance Minister Enoch Godongwana unveiled a proposed staggered increase to the VAT rate. This move, designed to address economic challenges and fund key government ...
As the Chancellor looks for ways to balance the books and stimulate growth in her budget next month, one policy lever that is once again under scrutiny is the VAT threshold. At present, businesses ...
The government’s recent announcement of a proposed gradual increase in the Value Added Tax (VAT) rate has sent ripples through the country’s small business landscape. The increase, set at 0.5% for the ...