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Terry Cartwright's Articles in Taxes Show All|Display Category|Title|Newest|Oldest Value Added Tax, Vat Schemes and Vat Thresholds Value Added Tax is a tax payable by any taxable person or business on sales income unless exempted or zero rated when the annual level of sales reaches the vat threshold limit, raised to £64,000 p.a. from 1st April 2007. Vat output tax is payable on total sales whether a business has registered for vat or not. Register for vat when the vat threshold is reached to enable vat input tax to be reclaimed and minimise vat liability with a vat scheme.	Sign Up for a free account and start submitting your articles. Submit Articles Member Login Top Authors Myspace Playlists Most Popular Articles Submission Guidelines Funny Videos Ezine Notifications Article RSS Feeds web site hosting reviews Partners Free Articles Directory About Us Link to Us Contact Us Terms of Service

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