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VAT Accounting Schemes – The VAT Annual Accounting Scheme

22 August 2014

In this second of three brief guide looking at the 3 main VAT accounting schemes we look at how the VAT Annual Accounting scheme can assist small businesses.

The VAT Annual Accounting scheme

The scheme was introduced at the same time as Cash Accounting and has the same turnover thresholds for…

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VAT Accounting Schemes – The VAT Cash Accounting Scheme

15 August 2014

Special VAT accounting schemes for small businesses have been available for a number of years, but they are still underused. The 3 main schemes are: cash accounting, annual accounting and the flat rate scheme.

In this, the first of three brief guides we will be looking at how the VAT…

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