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.