Book keeping

VAT – Seven Key Points for the Smaller Business

Posted by Kath Docherty on January 28, 2017  /   Posted in Book keeping, Business start ups, VAT

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. Another key ingredient in achieving that aim is good record keeping, otherwise there is an increased risk that the VAT return could be prepared on the basis of incomplete or incorrect information. Read More