Optical

LATEST NEWS

Snowbird Finance Appoints Business Development Director
20.09.19

Snowbird Finance Ltd are pleased to announce the appointment of Kevin Green as Business Development Director.

Kevin brings with him a wealth of knowledge and experience from the finance world and...

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TESTIMONIAL

'Our practice expansion project was incredibly complex, requiring both loans and equipment finance. Snowbird really understood what we wanted to achieve and the timescales we needed to do it in. They were great to work with. Nothing was too much trouble and they delivered an exceptional service'
The Stradbrook Centre Ltd

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The majority of optical businesses operate with the 'de minimis' system which allows opticians to claim back VAT on the purchase of exempt equipment and the recoverable tax on residual non-attributable purchases of up to, but not exceeding £625 a month, £1,875 a quarter or £7,500 a year.

By spreading the VAT you can reduce the risk of exceeding (and thereby compromising) your VAT de minimis limit.

Please contact us to talk about your individual VAT circumstances.

Download our Practical Guide to VAT de minimis here

You have sole responsbility for the management of your tax and legal affairs. We recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances. Snowbird Finance does not provide tax or legal advice.