Cocaine is a fast-acting nervous system stimulant, extracted from the leaves of coca bush, a high altitude plant which grows in the Andes of Bolivia, Peru and Colombia. The Incas used the leaves of the coca plant as part of their religious ceremonies. The coca plant was also used by workers in the Andes to ward off anoxia, or altitude sickness. This disorder is caused decreased levels of available oxygen at higher elevations.
If you buy something for your business, you will need an invoice to claim back from HM Revenue & Customs (HMRC) any VAT you've paid. A VAT invoice gives the VAT details for goods that are sold and services that are provided. However, you only need to issue a VAT invoice when selling to another VAT-registered business. If you want set off than you have to compulsarily have to issue VAT bill. FOR MORE DETAILS REFER :http://www.finmart.com/sr-vat-re...
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.