There’s a dilemma when you are starting a company. There are lots of boring essentials like company formation, VAT, Data Protection Act, employment law and, depending on which industry you are in, a host of other legislation. Yet complying with these doesn’t help you to sell anything, build a customer base or most importantly turn a profit.
Posts Tagged ‘VAT’
Getting the boring essentials right from the start
Posted in Advice for your business, tagged Data Protection, Formation, Law, start-up, VAT on 7 April, 2010 | Leave a Comment »
Organisation – the key to making tax less taxing
Posted in Finance, Tax, tagged Bookkeeping, HMRC, money, PAYE, Tax, VAT on 26 February, 2010 | Leave a Comment »
Tax is never a popular subject – made even less so by recent revelations that HMRC has got many of our tax codes wrong, meaning excessive charges for some. Mistakes by HRMC aside, ‘tax doesn’t have to be taxing’, as the saying goes. If small firms take the time to keep their books in order throughout the year, a mad dash at key dates in the taxation calendar can be avoided.
When to register for VAT
Posted in Tax, tagged Business Plan, Cashflow, HMRC, Tax, VAT on 22 January, 2010 | 1 Comment »
So, you’ve recently set up or are about to start your business and you want to know what to do about VAT. You should do this when you draw up your business plan and cashflow forecasts, because it could affect your profitability.
Prepare for the VAT rate rise in January 2010
Posted in Tax, tagged HMRC, invoice, tax point, VAT on 22 December, 2009 | Leave a Comment »
Just as you were getting used to the VAT rate at 15 per cent, it’s nearly time for the rate to change again. From the 1 January 2010, the rate will be going back up to 17.5 per cent, after 13 months at the lower level.
Pre-Budget Report 2009
Posted in Tax, tagged Alistair Darling, Business rates, corporation tax, economy, income tax, Inheritance tax, National Insurance, Pension, Pre-Budget Report, Stamp duty, VAT on 15 December, 2009 | Leave a Comment »
In his last Pre-Budget Report before the general election, Chancellor Alistair Darling unveiled a number of measures aimed at bringing about economic recovery in the UK economy.
