VAT - Did you know .....
VATWhen you become VAT registered there are several things you should be aware of.
When you become VAT registered there are several things you should be aware of.
Every employee will have a tax code and this determines how much tax is deducted from your pay. Your tax code is unique to you .....
The adverts would have you believe that all you have to do is press a button and your software will do it all for you
When you registered to become VAT registered you will have the option to choose the Flat Rate Scheme. It is worth considering whether this is a suitable scheme for your business because their are benefits to using it in your first year of VAT registr…
Sole traders and partnerships who do not currently have a 31st March year end will see a change in their reporting period to meet HMRC new rules for reporting profits based on the tax year and not their accounting year.