HM Revenue and Customs (HMRC) has produced a range of online resources to help businesses to better understand VAT, motoring expenses and accounting schemes.
HM Revenue and Customs (HMRC) has produced a range of online resources to help businesses to better understand VAT, motoring expenses and accounting schemes.
Launching a series of webinars, the HMRC has also published an online guide and a short YouTube video.
The links to the various resources can be accessed here:
• VAT and motoring expenses: Find out what you need to know about VAT on cars, commercial vehicles, repairs and fuel costs.
• VAT accounting schemes: This webinar covers the annual accounting scheme, cash accounting scheme and the flat rate scheme – could one of these help your business?
• 'VAT – how it works' guide.
