Who spends 8 hours a week doing their accounts?
AccountsI heard an advert recently which said you can save 8 hours a week by using their software. If you are a small business I am sure you will not spend 24+ hours a month doing your accounts.
I heard an advert recently which said you can save 8 hours a week by using their software. If you are a small business I am sure you will not spend 24+ hours a month doing your accounts.
Anyone in business, whether sole trader, partner or limited company, must register for VAT when their taxable turnover reaches
Business owners may think that they can claim back VAT on everything they purchase which has VAT on it, but it may surprise them to know that VAT cannot be claimed on certain purchases.
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.