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Helpsheets >
VAT Helpsheets
VAT for beginners
If you're new to VAT, it explains the basics of how it works and the main schemes available.
- Cash Accounting Scheme
A scheme to help your cashflow - how it works and who can use it.
- Annual Accounting
A scheme to allow you to complete just one VAT return per year instead of four. A guide to how it works and who can use it.
- Flat Rate Scheme
Aimed at simplifying VAT for the very smallest businesses, it can also have the effect in some instances of producing significant VAT savings.
- Motor Expenses
All the different aspects of vat on car expenses including leasing, fuel, mileage allowances and car parking.
- Entertainment Expenses
A look at the rules on being able to reclaim VAT on business entertainment and staff entertainment.
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