This section contains introductory guides to the often very complex area of VAT.
- Advantages and disadvantages of VAT grouping.
- How to reclaim VAT on supplies made to your employees.
- A general overview of the principles of VAT.
- A guide to the annual accounting scheme.
- The conditions and requirements of claiming VAT relief on bad debts.
- A guide to the simplified scheme for small businesses.
- Making sure you comply with the rules.
- Key actions to take and traps to avoid.