What is value added tax (VAT)?

Value Added Tax (VAT) is a crucial part of the UK’s tax system, applied to most goods and services. Businesses add VAT to their sales prices, ultimately borne by the consumers. The standard VAT rate is 20%, but some goods and services may qualify for reduced rates of 5% or even 0%.

Xact+ provide a vat registration and filling service, which will ensure you keep your company tax side legal and compliant.

Who Needs to Register for VAT?

In case of UK resident business, if your business’s taxable turnover exceeds £90,000, you must register for VAT. Even if your turnover is below this threshold, voluntary registration can still offer significant benefits. Overseas businesses must register vat before starting trade in the UK.

How it works:

Choose between registration or fillings packages and fill up the application form by clicking on ‘Order Now’.
Proceed to checkout and make your payment.
You’ll receive a questionnaire regarding your company via email.
We’ll handle the completion and submission of the registration application for you.
HMRC will notify you via email about the reference number and will send vat certificate to registered office address.