Britain once tax windows. So people bricked them up.
Britain once created a tax that encouraged people to brick up their own windows.
Today, there are business owners redesigning their ambitions around the VAT threshold.
VAT can affect your prices, margins, customers and administration, so it should never be ignored.
But there is a difference between preparing for VAT and treating business growth like something to avoid.
The current VAT registration threshold is £90,000 of taxable turnover, and the test is not simply based on what you make during a calendar year.
Your business should not need to sit in the dark just to remain on one side of a number.
Is the VAT threshold helping you make better decisions, or quietly teaching your business to stay small?
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