VAT

VAT is one of the most complicated areas of tax. We can advise you on choosing the right scheme and other key VAT issues

WE CAN ADVISE YOU

VAT is one of the most complicated areas of tax. We can advise you on choosing the right scheme and other key VAT issues.

VAT – a summary

A general overview of the principles of VAT

Recovering VAT on staff expenses

How to reclaim VAT on supplies made to your employees

VAT – annual accounting scheme

The annual accounting scheme helps small businesses by allowing them to submit only one VAT return annually rather than the normal four.

VAT – bad debt relief

The conditions and requirements of claiming VAT relief on bad debts

VAT – cash accounting

A guide to the cash accounting scheme

VAT – flat rate scheme

The VAT flat rate scheme for small businesses potentially reduces the administrative burden imposed when operating VAT. Under the scheme, a set percentage is applied to the turnover of the business as a one-off calculation instead of having to identify and record the VAT on each sale and purchase you make. This factsheet explains how the VAT Flat Rate Scheme works.

 VAT – how to survive the enforcement powers

Making sure you comply with the rules.

VAT – seven key points for the smaller business

This factsheet focuses on VAT matters of relevance to the smaller business. A primary aim is to highlight common risk areas as a better understanding can contribute to a reduction of errors and help to minimise penalties.

VAT – Making Tax Digital

An overview of the Making Tax Digital for VAT regulations

Here is a guide to the main topics:

TOPICS

  • VAT – A SUMMARY                                                                                                                                     Download PDF
  • RECOVERING VAT ON STAFF EXPENSES                                                                                    Download PDF
  • VAT – ANNUAL ACCOUNTING SCHEME                                                                                        Download PDF
  • VAT – BAD DEBT RELIEF                                                                                                                       Download PDF
  • VAT – CASH ACCOUNTING                                                                                                                   Download PDF
  • VAT – FLAT RATE SCHEME                                                                                                                   Download PDF                        
  • VAT – HOW TO SURVIVE THE ENFORCEMENT POWERS                                                      Download PDF  
  • VAT – MAKING TAX DIGITAL                                                                                                                Download PDF
  • VAT – SEVEN KEY POINTS FOR THE SMALLER BUSINESS                                                Download PDF

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