Module 9 : Dealing with Dreaded Taxes
Covered in this module: What is VAT and who has to register for it? Why register for VAT, if it is not necessary to do so? When should you avoid registering for VAT? How to register for VAT What is the difference between invoice and cash accounting, how to work out how much VAT to pay and what is the VAT flat rate scheme? What is the difference between standard rate, reduced rate and zero rate, exempt and out of scope and why is this important? What are the taxes on profit and how ar...
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