• Starting Up

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• Health & Safety

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• Environment & Energy

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• Customer Care, Quality Control & Food

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• Regulations & Legal

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• Tourism Industry & Suppliers

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• Employing People

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• Marketing & Social Media

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• Training & Research

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• Finance, Funding & Tax

  • Finance & Funding Introduction
  • Insurance
  • Funding & Grants
  • Payment in Foreign Currency
  • Foreign Currency Conversion
  • Accepting Credit Cards
  • Cashflow
  • What is VAT?
  • Self Assessment of Tax
  • National Insurance - Summary
  • Keeping Records for the Inland Revenue (HMRC)
  • Corporation Tax
  • Capital Allowances
  • Business Rates

• VisitWales

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• Regions

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What is VAT?

Value Added Tax (VAT) is a tax that's charged on most goods and services that VAT-registered businesses provide in the UK. VAT is a detailed subject.

The HMRC link will take you to their introductory page, which includes all the relevant information.