The Cottons Library

Tax support from Cottons Chartered Accountants

UK VAT Rates

There are currently three different rates of value added tax which apply to most commercial enterprises; standard, reduced and zero.

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VAT spelled with scrabbled letters

What is VAT?

Value Added Tax, aka VAT, is excised on the sale of most goods and services. VAT, most commonly charged at 20%, is added to the cost

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A Guide to Making Tax Digital

The advent of digital media has brought challenges and opportunity in equal measure. As we continue to make technological advancements, the way we conduct business

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