Article Database

Search results: 8 article(s) found in year 1, issue 11

REGISTRATION

Digital by default VAT

The VATman is trying to move all his services online to speed up the system and reduce costs. Is this likely to be a good or a bad thing? More...

ANNUAL ACCOUNTING

Join the AA for benefits?

You’ve heard that the annual accounting scheme can help improve cash flow and reduce the admin burden. But what’s the reality of the situation and is this something for your business to consider? More...

STATUS

What’s a business activity?

You probably have a good idea what constitutes a business activity. However, it might differ wildly from the VATman’s! Why is the definition important if you’re a sole trader looking to keep your VAT bills to a minimum? More...

BUSINESS USE

The risks of change of use

If you buy an asset intending to use it for taxable purposes but then change your mind without using it, this can create an unforeseen VAT liability. How can you avoid this trap? More...

FLAT RATE SCHEME

Considering the FRS? What to look out for

The flat rate scheme (FRS) is becoming increasingly popular with small businesses. If you’re considering joining, what should you look out for to ensure maximum benefit? What is the FRS? More...

OUTPUT VAT

Just what is VAT due on?

Understandably, many businesses become confused about what VAT actually has to be charged on and what it doesn’t. Read on to see how we’ve helped to unravel some of the mysteries. Do account for VAT More...

VAT LEGISLATION

Cases roundup

NEW VAT PUBLICATIONS

Latest from the VATman

Last updated: 07.08.2020

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