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How best to manage your Payments to HMRC?
One problem small business owners frequently face is keeping up with the tax payments to HMRC. Unlike other suppliers where usually a small delay doesn’t cost you much or any thing in most cases, HMRC late payments can cost you penalties and interests and a lot of stress! Here’s some quick tips to manage your…
VAT – Annual Accounting Scheme
The annual VAT scheme was created to simplify the accounting procedures for small businesses and also to reduce costs. It also has more advantages, like reducing the administration time and the associated costs, and helping you manage your cash flow. If you se this scheme for your business, you are only required to file one…