Claiming back VAT - ensure you have a valid VAT invoice
VATAs a VAT registered business you must provide a valid VAT invoice to your customer (or a till receipt with your VAT number).
As a VAT registered business you must provide a valid VAT invoice to your customer (or a till receipt with your VAT number).
As soon as you become VAT registered you need to find out when your first VAT return is due and the period which it covers.
If you are thinking of giving your employees a Christmas gift, a bonus or taking them out to lunch be aware of what you can do without it becoming a taxable benefit for your employee or a more costly gesture for yourself
One of the things we support our clients with is contacting HMRC when there is an error which needs correcting. HMRC helplines, whether for VAT or PAYE, are not at all helpful when you are a busy person.
HMRC have set out several benefits for completing and submitting your annual tax return well before the deadline of 31 January. Here are some of the benefits