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GDPR Focus, No.1

If you are a business and are concerned about the new General Data Protection Regulations (GDPR) that come into force on 25 th May, the first thing you do is to check whether your business is already registered for Data

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Watch out for VAT on aged creditors over six months.

A common oversight in accounting for VAT is to forget (or even to be unaware) that input tax claimed on purchases must be repaid to HMRC on any purchase invoice that remain unpaid for longer than 6 months from the

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QuickBooks 2010 VAT – A heads up for Bookkeepers and Accountants

Most QuickBooks users, will have, by now, been forced to go through the upgrade process from either 2006 or 2008 to QuickBooks 2010. The new version is actually greatly enhanced, particularly with regard to VAT accounting, but the upgrade itself

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