Cooper Faure

If either your turnover for the previous 12 months is more than the current registration threshold of £79,000 or you expect it to be more than the threshold in the next 30 days alone, VAT registration becomes compulsory. Even as the economy edges into a recovery phase, cash management remains critical.

Up-to-date bookkeeping provides you with the information to control your customers, suppliers and the tax man. Part of the onus of running a business is that you are faced with a myriad of tax returns with different submission dates and deadlines for the payment of any resulting tax due.