It is a good idea to allocate a specific time in your week to update your accounting records, and to set aside the VAT you have collected so you can pay it to HMRC when it is due.
Value Added Tax (VAT) can cause small business owners trouble from time to time. It’s almost impossible to understand every detail involved with VAT, and often this can lead to...
One of the first taxes you are likely to come across when starting a small business is VAT, and it’s one of those things that can sometimes cause confusion or...
