Cost of Sponsoring an Employee to Work in the UK: Sponsor Licence Fees
The sponsor licence fee is a one-off cost paid by the employer: £611 for small or charitable sponsors and £1,682…
Blogs
Stay Informed with expert insights, tips, and latest updates on tax, accounting and business compliance from the Sterling & Wells blog.
VAT Late Payment Penalty UK: How Interest Is Calculated and What to Do If You Can’t Pay
The VAT late payment penalty is separate from the late filing penalty — filing on time does not protect you…
HMRC VAT Rules for NETPs: Zero Threshold and VAT1TR Form Explained
Most overseas businesses register using the standard online service or the VAT1 form. A separate form, the VAT1TR, is needed…
NETP VAT Obligations for Amazon Sellers: What Non-UK Businesses Must Know
As an overseas seller on Amazon, HMRC classifies you as an NETP from your very first sale, regardless of how…
Filing VAT Returns as an NETP: Deadlines and Requirements
As a non-established taxable person, your VAT return deadline is the seventh of the second month after each quarter end;…
Charity VAT Exemption UK: What Charities Can Buy VAT-Free and How to Apply
Charities are not automatically exempt from VAT and must register once taxable turnover exceeds £90,000 in any rolling 12-month period,…