Blog


14

Aug 2014

Flat Rate Scheme

VAT is the most complicated tax that a business has to deal with on a daily basis. Using standard VAT scheme, your VAT liability is the difference between the VAT you charge on your sales and the VAT you incur on your purchases. If your business predominantly sells to other VAT-registered businesses and the amount of VAT you recover on your purchases is fairly low,…

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14

Aug 2014

Growth Vouchers programme

In January 2014, the government launched a programme to assist small businesses obtain professional advice. The programme will distribute vouchers to around 20,000 small businesses in England, mostly businesses who have never sought business advice before. The business help is delivered in the form of allocated Growth Vouchers, enabling businesses to receive up to 50% subsidy towards the cost of Businesses looking for advice can apply…

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Tax Concept