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Value Added Tax (VAT) can feel like a maze for small and medium-sized enterprises (SMEs) in the UK. Many business owners find VAT confusing, especially when starting out. Yet, understanding VAT is essential because it affects pricing, cash flow, and compliance. This guide breaks down the basics of VAT in simple terms, helping SMEs navigate VAT with confidence. SME owner reviewing VAT paperwork What is VAT and Why Does it Matter? VAT is a tax added to most goods and services s

Running a small business can be both exciting and challenging. One of the most crucial aspects of managing a business is keeping track of...

In today's fast-paced world, financial clarity is more important than ever. Whether you are a small business owner or an individual...