Monthly Archives for June 2011
Start Your Own Pet Sitting Service
For pet lovers everywhere, there has never been a better time to start your own pet sitting service. This service works on the basis that you either pet sit your clients’ pets in their homes while they’re away or, alternatively, … Continue reading
How Does VAT Work? (2)
My soap making example might then look like this: I buy my raw materials for £100 plus VAT at 17.5% giving a total of £117.50.
How Does VAT Work?
Let’s take the following example based on the usual rate of 17.5 per cent. I set up a business making homemade soaps. In order to do this I have to buy in raw materials from a wholesaler and I pay … Continue reading
Items which are Exempt from VAT
A full list of items that are exempt from VAT can be found by contacting Customs and Excise. The following is an indication of items exempt from VAT. Where your business activity involves:
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