What is a VAT Loan and Why Should You Get One?
When you fail to submit or pay a VAT return as a business, then you could land yourself in considerable hot water. This is because businesses that fail to pay their VAT returns correctly are facing a fixed surcharge of up to 15%, based on how many times they default over the course of a year. This makes it a stressful time to be a managing director trying to handle your corporate finances properly. You could cost your company a great deal of money at a time when many businesses are struggling to establish healthy cash flow. [...]