If a profit and loss is drawn up with all figures including the VAT within them (Gross), then would any VAT liability be shown as a separate expense or would it not as it is already accounted for w
I am trying to get my head round the rules for EC Sales Lists.
Business splitting is a perennial issue.
A longer break than usual between blog posts – a lovely holiday in Ireland, followed by a particularly busy summer. Hopefully I will be doing some more writing again soon!
UK businesses and academic organisations may do less research after after the withdrawal of an exemption of VAT on research, businesses and universities said.
We are taking on a client with a sportswear shop selling zero and standard rated items but selling mainly children's dancewear, sports clothing, batons, etc.
Thank you all..