Tag Archives: tax
VAT Cash Accounting Scheme
What is the VAT cash accounting scheme? In simple terms Cash Accounting for VAT permits eligible businesses to pay VAT only after a buyer has paid for the services or goods which they have supplied, compared to standard Value added tax accounting where companies have to pay Value added tax in the period that a […]
Continue readingValue Added Tax Guide For Ltd Companies
VAT accounting is one of those issues that effect almost every commercial enterprise in one form or the other. It provides a lot of new business owners with sleepless nights. However, it can be easy to understand and simple to apply if you get the proper explanation of the basics. Value added tax (VAT) is […]
Continue readingTop 7 Common Tax Return Mistakes That People Make
It has always been an option for people to file their own tax return rather than get someone else like a tax accountant to fill it in for them. However with the advent of the internet and online filing system more people than ever before now file their own tax return via the HMRC online […]
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