Which VAT code do I use in my software?
For VAT registered businesses, there are many VAT codes that can be chosen. It is easy…
Making Tax Digital for VAT – are you filing returns through the MTD portal?
All businesses have to use MTD for VAT returns due on or after 1 April 2022.…
Inheritance Tax and gifts out of income
There is a £3000 annual allowance for gifts – a very small amount! However, another exemption…
Would the VAT Flat Rate scheme save you money?
Under the VAT rate scheme, a flat percentage is used to calculate the VAT payable, ignoring…
