Just about everyone has heard of VAT (value-added tax). We’re used to paying it on many of the goods and services we purchase as we go about our everyday lives.
But when you have your own business, you’ll learn a whole new world of VAT exists as you work out how to apply it to your own trade. That’s because there are numerous VAT accounting schemes that HMRC offers, and which one is right for you will depend on the nature of your business.
To get you up to speed, we’ll take a look at each of the main VAT accounting schemes, explaining how they work and who they might suit.
You might be interested in...
08 Jun 2026
Kieran Oldershaw, Property Service Associate Director, talks about how he's developed in his career over the years and what advice he'd give to those who are just starting out.
Watch now
Beyond the Books Episode 6
08 Jun 2026
Discover how TC Group helped Sentinel ICCS Ltd overcome complex accounting systems, streamline audit processes, and improve financial reporting and compliance.
Learn more
Case Study: Sentinel ICCS Ltd
27 May 2026
Domicile. Residency. Double taxation. The tax impacts that you need to know about working or living abroad.
Learn more
UK tax implications of working abroad
27 May 2026
Cut through the AI hype and demo overload with our five practical tips to help SMEs adopt AI in a controlled, business-focused way.
Learn more
Top 5 tips for SMEs starting their AI journey
26 May 2026
A bite-sized guide to the residential and letting mortgage types.
Learn more
Mortgage Types Explained
22 May 2026
Jordan is joined by business owner and ex-corporate finance expert who talks about the move from corporate life into the property world and what she’s learned as a business owner.
Watch now
Beyond the Books Episode 5