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
BOE interest rate cut is expected anytime soon in order to ward off a recession. If it happens, it’ll be a good time to get or renegotiate a property mortgage on fixed rate. It’s also a good time to shop around for a personal loan as they are on fixed terms. Don’t be tempted by … Continue reading