Following the non-reversible Brexit vote last Thursday, how should you navigate your business through the inevitable uncertainty?
Following the non-reversible Brexit vote last Thursday, how should you navigate your business through the inevitable uncertainty?
You may know that exports are zero rated and think that there's nothing else to worry about. You're expecting to recover VAT on your costs so you're in a net recovery position each month. You might even be thinking of submitting monthly VAT returns to optimise your cashflow.
However, to be correct, you need to be able to agree with the following statement.
All my EU customers are VAT registered.
Trading as On The Spot
Registered in England & Wales under company number 06566196
VAT number 937 5293 90