Category Archives: VAT

I’m going to do my own bookkeeping

bookkeeping

You’ve set up your own business, and you’ve decided you’re going to do your own bookkeeping to keep costs down, and keep a handle on your numbers. How hard can it be right? Well for starters did you set up your business to be a bookkeeper? Actually if you did set up as a bookkeeper, […]

Can I claim Christmas gifts to customers as a business expense?

This is a timely question, which we’ve been asked about a lot recently. You want to buy Christmas gifts for your customers and suppliers, but can you claim the gifts as a business expense? If you’re wondering about gifts for employees, check out our blog on Trivial Benefits – which covers the rules around payments […]

Do I need to register for VAT?

VAT registration

If you’re a small business owner, you may be considering registering for VAT (Value Added Tax) to help your business grow. VAT registration can be a significant step for a business, and there are many factors to consider before making the decision. Let’s have a look what you need to think about before registering for […]

What counts as a VAT invoice?

We’re often asked what counts as a VAT invoice, and why we’re so pernickerty about getting a proper VAT invoice from you, so here’s our foolproof guide.   But first the easy bit!  Here’s what DOESN’T count as a VAT invoice: Delivery note Proforma invoice (a VAT invoice should be produced on payment of the […]

Posted in VAT

The clock is ticking, so make sure you’re ready for the April 2022 increases

clock is ticking

April 2022 is fast approaching, and with that comes changes to VAT, NIC, and dividend taxes. We’ve also got electricity and wage increases to consider. The clock is ticking, so what do you need to do, to get ready for the April 2022 increases? The latest Budget announced quite a few unwelcome changes to tax […]