Winding up a business
The decision of how and when to cease a business is usually prompted by a combination of three main factors - market conditions, market forces, and life changes.
Flat rate scheme (FRS) for VAT
The VAT flat rate scheme (FRS) is used by many small businesses to help simplify their VAT reporting obligations, although some VAT experts would argue that the scheme is not simple to use.
VAT registration – sooner or later?Once a business is up and running, the next major administrative area to be faced often concerns the subject of VAT....