Asset Finance News & Blog
VAT Loan Interest Rate In this white paper, we explore how much the VAT loan interest rates are compared to a bank overdraft facility. What is a HMRC VAT loan? A HMRC VAT loan is a specific form of financing for a VAT bill. There are a few key elements to a VAT loan that […]
Leasing BIM Software What is BIM Software? BIM software has taken the market by storm over the past two years and it is fantastic to see it benefiting a range of professional firms. But what is BMI, what are the benefits and how can WestWon help with implementing this software into your business? Firstly, BIM […]
WestWon Send Team to Stunning Hong Kong Lighting Exhibition! WestWon sent a small team of individuals to Hong Kong to visit the ‘International Lighting Fair’, one of the largest lighting exhibitions in the world. The fair partner with HKTDC, Hong Kong International Outdoor and Tech Light Expo to form the world’s largest lighting marketplace. Featuring […]
When does a UK company have to pay a VAT bill? Once you have registered for VAT, you have to submit a VAT return on either a monthly or quarterly basis. The vast majority of UK SME companies will submit their VAT return per quarter as opposed to monthly, purely from an administration perspective.
VAT Finance Applying for a VAT finance loan One question we often get asked is why does a UK company come to us for a VAT finance loan as opposed to speaking to their High Street bank? The reasons we hear are always the same: Banks take too long to get a credit acceptance They ask […]