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Vat’s it all about?
By law, a business has to register for Vat when their sales reach £73,000 or it’s likely that they will in a calendar year. But what is Vat? Basically it’s a tax on goods & services. But not all goods & services. So if you sell children’s clothes or books & magazines vat’s not applicable. But it is on adults clothes! The standard rate of Vat in the UK is 20%, which means that if you are selling a product for £1,000 then you have to add Vat of £200 making your total sales price £1,200. Many people forget about…
DIBI – An Afternoon with Startups
We’re excited to announce that we’re co-sponsoring the DIBI (Design It. Build It.) conference on June 7 / 8 with our friends from FreeAgent.
More details from the guys at FreeAgent can be found here.
