EORI Number: The Ultimate Guide
The Economic Operators Registration and Identification (EORI) number, issued by HM Revenue and Customs (HMRC), is essential for businesses involved…
Blogs
Stay Informed with expert insights, tips, and latest updates on tax, accounting and business compliance from the Sterling & Wells blog.
Making Tax Digital (MTD) for VAT: A Comprehensive Guide
Making Tax Digital (MTD) is a key initiative by HMRC aimed at transforming the UK tax system by moving from…
Comprehensive Guide to UK VAT: Rates, Exemptions, and Reclaim Process
In the UK, Value-Added Tax (VAT) is a key component of the tax system, impacting businesses and consumers alike. Administered…
Complete Guide to VAT Registration in UK
Value Added Tax (VAT) is a type of indirect tax that is applied at each stage of the production and…
Post-Brexit VAT on Overseas Sellers: A Comprehensive Guide for Businesses
The United Kingdom’s (UK) departure from the European Union (EU) marked a significant shift in trade regulations, particularly in Value…
Understanding the Reverse Charge VAT Mechanism: A Comprehensive Guide
The reverse charge mechanism is a key aspect of VAT (Value Added Tax) reporting that shifts the responsibility for accounting…