Some business owners that operate as sole proprietors or entrepreneurs may think to only accumulate all of their receipts and keep track of their income. They plan to hand it all over to the accountant at the end of the year. This is a huge mistake. The information that you gain … [Read more...]
VAT Facts
What is VAT? VAT stands for Value Added Tax. Companies who register for VAT add a fixed percentage on to the price of goods or services that they sell, and this is then passed to HMRC. What are the different VAT rates? There are several different rates charged for goods … [Read more...]
