VAT Returns
Value
Added Tax (VAT) is a tax that's charged on most goods and services that
VAT-registered businesses provide in the UK. It's also charged on goods
and some services that are imported from countries outside the European
Union (EU), and brought into the UK from other EU countries.
VAT is charged when a VAT-registered business sells to either another business or to a non-business customer
Incorrect accounting for VAT is a common problem and can result in errors on your VAT account, incorrect payments to HM Revenue and Customs and fines, all of which can have an impact on your cash flow.
As a client of Simply Balanced Bookkeeping, Inverurie, you can be sure that your VAT is being well managed.
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