VAT and indirect taxes can become cumbersome for businesses, with evolving rules and complexity. With a 20% rate, VAT significantly impacts cashflow, but there are strategies to optimise your VAT position and boost cashflow.
1. VAT Registration
2. VAT Returns
3. VAT Accounting Schemes
4. Sector-Specific Opportunities
5. Bad Debt Relief Claims
6. Annual Adjustments
7. Avoiding Late Payment Penalties
8. OTS Reinstatement
Source: www.punchline-gloucester.com
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