What Is Acai Good For? Similar to a cross between a grape and a blueberry, the acai (pronounced ah-sigh-ee) berry is a small, reddish-purple drupe consisting of a cluster of seeds, with only around 15 percent or so being edible, harvested from tall, slender palm trees found around the Amazon River basin of South America.
Value Added Tax (VAT) is a tax collected on the sale of your goods or services and relinquished on the purchasing of the goods or services that will be used in your business. The administration of VAT in the UK is managed by HM Revenue and Custom. Should my company be VAT registered? VAT registration is only compulsory once the turnover of your company exceeds or is likely to exceed the government threshold of Â£82,000 (2015-2016) for any rolling 12 month period. You can register for VAT on a voluntary basis at any point up until when your company's turnover exceeds the abovementioned threshold.
VAT-value added tax-is a tax levied on sales of goods and services. Think of it as a tax on the value you add to products and services-in other words, on the price difference between what you've paid and what you charge for a product. Not all businesses need to register for VAT.Find out more about that below. You pay VAT on the items or services you buy from other business. 2  You charge VAT on the items or services you sell to other businesses and customer s(if you are VAT registered). 3  The idea is the VAT you pay and the VAT you charge roughly equals out-if it doesn't, you level the balance with HMRC.