VALUE ADDED TAX
VAT (value added tax) is a tax that's charged on most goods by businesses registered for VAT within the UK. It's also charged on goods and some services that are imported from countries outside the European Union (EU), and brought into the UK from other EU countries.
Registered businesses can reclaim VAT that they have paid. There are three rates of VAT, these depend on the goods or services the business provides. You will need to prepare a VAT return every quarter, this will include information on your total sales and purchases and the amounts of input and output VAT
Every business that is VAT registered, must charge VAT to its business and non-business customers.
VAT THRESHOLDS FOR REGISTRATION FROM 01 APRIL 2018