CIS VAT goes into Reverse
Are you a VAT registered business in the Construction Industry? Do you supply other VAT registered Construction Industry businesses? If you answer YES to both of the above questions, then you’re possibly facing a massive change to your accounts invoicing procedures. When your customers receive your VAT invoice for CIS services they may have to […]
VAT pitfalls and windfalls
Should your business register for Vat? It has long been necessary for businesses to keep a careful eye on the level of their sales (unless their supplies are exempt from VAT) as breaching the VAT threshold, currently £85,000, would require them to register within a month of the breach. However, our experience is that many […]