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.
If you are not UK VAT registered and receive such services supplied in the UK the reverse charge does not apply. Such supplies do not count as your taxable supplies for the purposes of determining whether you are liable to be registered as a taxable person. Your supplier is liable to account for any UK VAT due.f you are a UK VAT registered recipient of a âwhere performedâ service which is performed in the UK you may be required to account for any UK VAT due under the reverse charge procedure if your supplier belongs outside the UK-see section 18.