Some businesses may request a payment in advance for goods or services.If you are VAT registered it is important to know when you can claim back VAT on an advance payment. This is generally determined by the tax point which is either the date of the …
Business owners must keep track of their business income on a monthly basis because growing businesses will most likely need to become VAT registered. The VAT registration threshold has been
We had a discussion in the office today about the new rates for corporation tax which take effect from April 2023. For many of our clients who have limited companies we produce monthly management reports which show a monthly provision for Corporatio…
Why is it important to have the correct employment status for your worker?
When you become VAT registered there are several things you should be aware of.
