Monthly exchange rates 2021 by HMRC
You may use the monthly exchange rates published by Her Majesty Revenue and Customs (HMRC) to translate your foreign currency transactions into […]
VAT tax point
The VAT tax point or time of supply is the date the VAT on the goods you supply and services you provide […]
Keep digital VAT records
VAT registered companies and businesses with sales of more than £85,000 must sign up and follow the Making Tax Digital (MTD) rules […]
Payment on account for VAT
Payment on account for VAT is making multiple payments in advance to HM Revenue and Customs to set off against your future […]
File a VAT return under the Annual Accounting Scheme
There are special rules that apply to file a VAT return under the VAT Annual Accounting Scheme. This VAT Annual Accounting Scheme is suitable […]