This section covers:

VAT Basic Overview

VAT Fraction and VAT Invoices

Registration and Deregistration

Flat Rate VAT Scheme

Vat Rates and Allowances

After completing this section you should understand what VAT is, how its calculated, Double entry bookkeeping with VAT registered businesses, how and when to register and De-register for VAT.

This basic look at VAT is designed to help with your knowledge it is not intended to replace professional advice especially if you affairs are nor straight forward

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