What VAT can be reclaimed?

What VAT can be reclaimed?

If you’re a business that charges VAT on your sales, and you’re registered for VAT, then you can reclaim the VAT charged on your purchases and expenses. Find out what you need to know about reclaiming VAT in this guide. How VAT works There are 3… Read more
What are trade debtors?

What are trade debtors?

What is a trade debtor? Trade debtors are customers who are yet to pay you for the goods or services you have provided. So, on your balance sheet, the amount for trade debtors is the total money your customers or other third parties owe you, such as… Read more
Making Tax Digital one year on

Making Tax Digital one year on

One year on from the launch of the new Making Tax Digital for VAT regulations, we take a look at how the process has gone so far, and what Making Tax Digital could look like in the future. Making Tax Digital so far Making Tax Digital was brought… Read more