Quote:
Originally Posted by HarryT
Companies don't have to concern themselves with VAT unless they reach the "VAT threshold" for sales within the EU, which is quite a large amount of money. Eg, a company doesn't have to register for VAT for sales into the UK unless it sells more than £70,000 (over $100,000) worth of goods in the UK each year. Small companies shouldn't, therefore, be affected.
|
That's good news if it's true. This article seems to suggest otherwise:
http://www.thepassivevoice.com/11/20...ll-businesses/