Change of VAT Scheme
BookkeepingMany business owners will not realise they have a choice of VAT scheme to use for recording and reporting VAT to HMRC. Before you register initially
Many business owners will not realise they have a choice of VAT scheme to use for recording and reporting VAT to HMRC. Before you register initially
Some accountants now offer bookkeeping services alongside accountancy and other compliance services. A one stop shop for all your accounts needs. But is this the best solution for your business?
When you first become VAT registered you can choose which VAT scheme to use when reporting VAT. Whilst you can change this at a later date HMRC would not want you to keep changing from one scheme to another.
The Christmas and New Year break is a good time to reflect on all that is good and not so good with your business. Business owners have chance to step back and take time to look at what works, what does not and what could be better as well as planni…
HMRC have produced clear guidance on what individuals and businesses will need to do when we have left the EU on 1 January 2021. There is an HMRC tool to use which will give specific information for your own personal or business circumstances which c…
