I have been asked to act for a client who has recently graduated from university and awarded a place at a law firm starting next year.
UK VAT registered company supplies professional training courses in Greece a B2B supply dealt with under reverse charge.
A Professor has just moved Universities for a better salary. About a 15% rise.
<p>Company has a van on contract hire [operating lease]. Can director put through all diesel receipts or does he have to charge business mile using AMAP.
A client has set up a limited company but has incorporated with 10,000 'paid for' £1 shares (5,000 for him and 5,000 for his wife) rather than 1 £1 share each that we would have recommended.
My client was a Sole Trader. They incorporated on day 6/4/12.
The business was independently valued and the good will value was £106k
Like it or not, self assessment season is creeping up on us.
Does anyone know if any of the main accounting software eg Sage/Xero are capable of processing sales invoice taking into account the new VAT rules?