How much vat should i pay

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YouTube may set cookies directly according to YouTube's own cookies policy. The amount on which Value-Added Tax VAT is charged is normally the total sum paid or payable to the person supplying the goods or services. As you might expect, this category includes some sales to customers abroad, but it also includes some UK services.

When it comes to VAT rates, it pays to be very careful and to always take professional advice! Disclaimer: The content included in this guide is based on our understanding of tax law at the time of publication. It may be subject to change and may not be applicable to your circumstances, so should not be relied upon.

You are responsible for complying with tax law and should seek independent advice if you require further information about the content included in this guide.

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Related articles. As well as business income such as from sales , it includes the VAT paid on that income. The first calculation should start from day one of your accounting period to the last day of that flat rate.

The second should start from the date of the new flat rate to the end of your accounting period. Check what you need to do. To help us improve GOV. It will take only 2 minutes to fill in. Cookies on GOV. UK We use some essential cookies to make this website work. Accept additional cookies Reject additional cookies View cookies.

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