Flat Rate VAT
Flat Rate VAT is an alternative way for small businesses to work out how much VAT to pay to HMRC in each quarter. The rates can vary from 4% to 16.5% depending on what sector your business is operating in.
Managing charity assets
Capitalising and maintaining assets within a charity helps to enable the business flourish it’s charitable purposes. Where charities are legally bound to provide accounts, a balance sheet must be included.