Resource Centre

April 2012

VAT Matters for the Smaller Business

This briefing focuses on VAT matters of relevance to the smaller business. A primary aim is to highlight common risk areas as a better understanding can contribute to a reduction of errors and help minimise penalties. Another key ingredient in achieving that aim is good record keeping, otherwise there is an increased risk that the VAT return could be prepared on the basis of incomplete or incorrect information. If you need any help or advice with record keeping please contact us, as we have various solutions we can offer.