
Mum & Son On The Money Podcast
Episode 6 | A clear, honest and practical guide to VAT for small businesses
<p>Lorraine and Travus from Happy Days Accountants break down everything small business owners need to know about VAT in this practical and wide-ranging episode of Mum and Son on the Money. From understanding what VAT actually is and when you need to register, to the pros and cons of voluntary registration, this episode tackles one of the most confusing areas of running a business.</p> <p>They explore the £90,000 threshold, explain how reclaiming VAT works, and highlight why being VAT registered isn’t always the advantage it might seem. There’s a clear look at the difference between cash and a...

