Business rates

VAT is a tax that is charged on some goods and services. You may have to register for VAT with HM Revenue & Customs if your turnover is more than £85,000 per year.

New businesses may be able to cut their tax bill by claiming capital allowances, tax credits for research and development, and stamp duty relief.

When excise goods are moving within the European Union in excise duty-suspension, the movement must take place between persons and premises that have been approved for that purpose by the competent authorities in the Member State where they are based.