If you’ve ever examined your car insurance documents or policy pricing, you might have wondered, “Is there VAT on car insurance?” It’s a valid question, especially since most goods and services in the UK are subject to Value Added Tax (VAT). However, insurance doesn’t follow the same tax structure as other consumer products. Understanding the […]
Have you ever looked at your train ticket and wondered, “Is there VAT on this?” You’re not alone. With the complexity of UK tax laws, it’s easy to be unsure about what’s taxable and what isn’t especially when it comes to something as routine as train travel. Whether you’re commuting daily, travelling for business, or […]
Are you running a business in the UK and wondering when VAT registration becomes necessary? If your turnover is increasing or you’re planning future sales expansion, understanding VAT obligations is crucial to remain compliant with HMRC. VAT (Value Added Tax) plays a significant role in how businesses collect and report taxes, and missing the right […]