New web filing rules for VAT come online
Business registered for VAT turning over more than £100,000 a year and any other business that registers for VAT after April 1, 2010, has to submit VAT returns for the quarter ending June 30 online.
Claiming VAT on business trips in the car
Freelances, contractors and the self-employed need to stay on the right road when reclaiming VAT on running a car for business. Steering a way through complicated VAT motoring rules is complicated for many but the VAT man will put the brakes on claims if they are not correctly documented.
VAT
Companies and individuals registered for VAT need to keep on top of bookkeeping for quarterly returns and to make sure the right rules and VAT rates are applied.