UK VAT Guide - Comprehensive UK VAT Guide to Help Businesses - Large, Medium and Small

UK VAT is primarily  governed by Law ( VAT Act 1994) and is enhanced by case law and administered by the UK Tax Authority known as HMRC (Her Majesty's Revenue & Customs).  VAT (Value Added Tax), is a consumption tax levied on goods and services at each stage of the supply chain, with the final cost being borne by the end consumer. VAT Registered Businesses will collect VAT (output) from customers and pay this to HMRC usually on a monthly or quarterly basis.  VAT Registered  Businesses can also fully recover the VAT they pay on their own purchases  subject to any partial exemption restrictions . 

On this page you will find detailed VAT guides, articles and links to help you better understand the key issues around VAT and other indirect taxes.  Please try our AI VAT Advisor to pin point any key VAT information or obtain detailed summaries relating to VAT queries you may have.