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It’s interesting that anytime you see a new film, whether at the cinema or on DVD, you’re unwittingly putting money in the palms of corporations that hardly ever turn a profit. This is because most, if not all, Hollywood blockbusters use creative accounting to avoid the dreaded net profit figure. [According to the Accounting Technician … Continue reading
The flat rate scheme is designed to simplify the VAT accounting process for small businesses with taxable turnover of £150,000 or less (as at May 2016). An overview can be found here. FILLING OUT THE ONLINE VAT RETURN FORM All the boxes on the return MUST be completed. If a box is not relevant, insert … Continue reading
Phoenix Debola 