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How is VAT calculated?
How is VAT calculated? The standard rate of VAT 20%. If the goods or services you are supplying are standard rated, then the easiest way to calculate the VAT that you must add is to divide the price (excluding VAT) by 5. For example, if you provide a service for...
My Digital Marketing apprentice role
On Tuesday 11 September 2018, I started my Digital Marketing apprenticeship at Plus Accounting. Plus Accounting is a firm of chartered accountants, registered auditors and business advisers in Brighton. When you finish your A-Levels at college you are hit with a very...
Receipt Bank and Xero
You already know about the benefits of Xero – but could you do with a bit of extra help with entering in your purchase invoices and receipts. Are you aware of Receipt Bank?! This is an additional app which integrates with Xero. It will save you time, by avoiding the...
Why Xero; You may be wondering- What is and why should I use Xero!?
Xero is a simplified, online, (or cloud based for the more technical), book-keeping system. Xero is importantly compatible with Making Tax Digital for VAT purposes. Â Using the correct software, is a must for businesses who are Vat-registered (above the threshold of...
Guest Blog: The development of Sustainability and Transformation plans and their potential impact upon the primary care estate
Introduction Sustainability and Transformation Plans (STPs) are now at the heart of the NHS’ reforming and upgrading of its estates. In the primary care sector, however, the GP Forward View is of equal significance. There are two important elements to this: the...
What is the Value of an Audit?
Auditing has recently been the subject of bad press and increased public debate due to both the collapse of Carillion, and the auditors of BHS receiving large fines for misconduct.Â
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