In most business ventures or start-up situations you need to consider, from the start, the VAT implications and consequences of how you conduct your business.
Although in instances of smaller businesses there may not be any immediate impact on the initial trading situation, the thresholds registration and/or 'cash accountability' can creep up amazingly quickly
To avoid the stinging retrospective charges and penalties it is essential that you obtain comprehensive VAT advice. Waring & Partners can offer you skilled advice on thresholds, registration, compliance and planning.
