Small businesses in the UK may feel overwhelmed by the complexities of Value Added Tax (VAT). But, understanding VAT is essential if you want to stay compliant with HMRC regulations and ensure your business is profitable. In this blog post, I will explain everything you need to know about VAT so that you are up-to-date…
Wish to cut your bills and save money for a rainy day? Then this facebook page is for you. Here I will be: You too can share your thoughts and experiences you’ve had as a result of things you have found. Together we will turn our SOB into SMILE when we Save On Bills by…
How HMRC is making it easier for individuals and businesses to get their tax right and keep on top of their tax affairs. DocumentsOverview of Making Tax Digital – GOV.UK (www.gov.uk)Making Tax Digital for VAT — mythbuster – GOV.UK (www.gov.uk) DetailsMaking Tax Digital is a key part of the government’s plans to make it easier…
When to register for VATYou must register if: You must also register (regardless of VAT taxable turnover) if all the following are true: You can choose to register for VAT if your turnover is less than £90,000 (‘voluntary registration’). You must pay HM Revenue and Customs (HMRC) any VAT you owe from the date they…
Today I received my AAT Foundation Certificate in Accounting – Level 2 of the Association of Accounting Technicians. For those using the Read Aloud service, the picture is of the certificate I received today. The certificate reads: This is to certify that Peter Trengove (AAT ID: 20392492) has been awarded MERIT in AAT Foundation Certificate in…
Excel Bookkeeping Templates offer a simple and accessible way to manage basic accounting tasks using Microsoft Excel. They’re easy to use and highly adaptable—most spreadsheets can be tailored to suit your specific needs. For tracking day-to-day financial records, they can be a reliable solution. However, while Excel may suffice for basic bookkeeping, it often falls…