VAT – Seven Key Points for the Smaller Business

20th August, 2018

This factsheet 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 to 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.

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