HMRC has gone live with a new digital tool which estimates what registering for VAT might mean for a business. This new tool can be used to estimate what VAT might be owed or reclaimed by a business when it registers for VAT.
Source: deeksvat.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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