accounting xero audit payroll tax planning vat calculations returns legal services business consulting business growth business transformation business funding hr Services research and development mortgage services managing cashflow company secretarial services new business startup buying a business selling a business capital allowances business management services financial services tax investigation service fee protection insurance
Time is always of the essence with VAT return errors. Put right anything that’s amiss as soon as it comes to light to keep out of the penalty regime.
For VAT accounting periods starting on or after 1 January 2023, it’s out with the old – the default surcharge regime – and in with a new penalty system designed to be fairer and more proportionate.
