According to HMRC, businesses who have opted for UK VAT registration should keep all records of their purchases and sales. Businesses should also keep an isolated VAT summary known as a “VAT account” and provide authentic VAT invoices. Let’s go through these three issues of VAT record keeping in more detail.
Archive for the ‘Accountancy’ Category
There are so many ways to save on your taxes. Start preparing now to complete your tax savings for this year
If you are setting up your business, it’s important you learn the tricks of the trade and to save time you can use online resources for learning accounting.
There are a number of important ways in which you might be able to make more of your financial statements as a small business if you’re prepared to work towards gaining a stronger sense of what they reveal and why they are so potentially useful.
There are basically two choices when it comes to payroll. To keep it in-house or to outsource it – this is a question that many managers deliberate over.
Mark Halliday the CEO of CBDS answers some questions about what motivated his location of these two solutions and how they work for his clients benefit.
Staying on top of the accounts of any business s is vital to its overall success. Here are 5 essential accounting skills for all small business owners.
It’s understandable how some small business owners fall behind when it comes to taxes. These simple tips will ensure that you keep on top of things.
It has been an ongoing debate between the efficiency of a traditional accountant versus accounting software. Learn the advantages and disadvantages of the two.
This article explains why Estate Agents and Insolvency practitioners are not always the bad guys.