VAT Contact Number – Overview
VAT or Value Added Tax is applied for goods and services that any VAT registered business provide. VAT is also applied for goods and services that imported from other countries outside the European Union or from other UK Countries. VAT HELPLINE contact number can charge VAT to another business customer (computer manufacturer, adds VAT to the prices they sold a computer shop) or to a non-business customer (these are consumers or individuals, adds VAT to the services or goods a computer shops sell to an individual). You can also reclaim the VAT that you paid for if you are a VAT registered business who bought any services or goods. There are three rate that VAT imposes, which generally depends on the goods or services that a VAT registered business provides, it can be a standard rate which is at 20 per cent, reduced rate which is at 5 per cent, or zero rate which is at 0 per cent. Some good and services are also exempted from VAT.
The Nature of VAT Contact Number
If your sales are over £81,000 for the last 12 months, you are required to apply for VAT and the service can be obtained from VAT contact number. You can also do this voluntarily if you deem necessary. If you are a VAT-registered business you are required to charge a VAT for any goods or services that you sell. You are also required to submit a VAT Return at periodical intervals, it is regularly done on quarterly intervals, VAT Return shows you how much VAT you have charged to your customers or clients, and the VAT that you have paid for, also known as ‘input tax’. You can also claim some of the difference of these taxes if the output tax is more than your input tax with the help of HM Revenue & Customs (HMRC). However, some items are exempted from VAT as mandated by the UK Laws, such as insurance, providing credit, education and training, fundraisers, membership subscriptions, most services offered by dentists and doctors.
Reaching VAT Contact Number
You can go to the website of VAT contact number at http://www.hmrc.gov.uk/vat/start/introduction.htm to learn more about VAT and other specific details about it. The website offers you a lot of links wherein you can fully educate yourselves about VAT, the website also provides you links that you can go to learn more about VAT, such as VAT Online Seminars.
VAT Contact Number – Customer Care
You can contact 0300 200 3700 if you have any questions about VAT, a text phone is also available you may call VAT contact number at 0300 200 3719. They are open Monday to Friday 8AM to 6PM, and if you’re calling from outside the UK you can contact +44 (0)2920 501 261 .