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
How to start a business

How to start a business

So you’ve got your big idea, or want to make your side hustle your full time job. Now’s the time to go for it! Before you start a business, here are some important things you need to know. In this guide: Register your business How to write a… Read more
Flat Rate VAT Scheme guide

Flat Rate VAT Scheme guide

When you submit your VAT Return, there are different methods you can use. The Flat Rate VAT Return is a popular method with small businesses, but what is the Flat Rate Scheme and why could it be a good option for your business? What is the Flat Rate… Read more