V is for VAT VAT is short for Value Added Tax and is charged on most sales of goods and services in the UK. There are different types of sales. Taxable sales or VATable sales are sales in which VAT would be charged. Some sales have special rules which mean they are exempt from VAT […]
U is for Utilising Allowances We are approaching the end of the tax year in April. This is a great time for taxpayers to review and ensure that you have utilised the allowances available to you where possible. You should review all your sources of income and expenditure and bear in mind that any grants
U is for Utilising Allowances Read More »