<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/f77101e49b0e440d9525d46cd828a4a8&quot; frameborder=&quot;0&quot; width=&quot;1920&quot; height=&quot;1440&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1440</height><width>1920</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1440</thumbnail_height><thumbnail_width>1920</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/f77101e49b0e440d9525d46cd828a4a8-00001.gif</thumbnail_url><duration>241.13333333333324</duration><title>Understanding VAT Registration and it&apos;s impact on sales and purchases</title><description>In this video, I explain the implications of breaching the VAT threshold or voluntarily registering for VAT. I discuss the need to add VAT to sales invoices, exemptions and zero-rated goods and services, and the impact on customers who are VAT registered. I also highlight the process of invoicing, reclaiming VAT, and the cash flow advantage of VAT registration. If you have any questions, please feel free to ask in the comments below.</description></oembed>