Please be aware that the HMRC Task Force focusing on the Flat Rate Scheme is still in operation. When auditing use of the scheme HMRC take the approach of reviewing extensive information including contracts, work scopes and even CV’s in support of the VAT Return figures declared.
If you have not already done so, we recommend ensuring compliance with the guidance HMRC Notice 733 (April 2014) and that your chosen sector accurately reflects the services provided.
If you have any queries on this or any VAT related query then please contact our VAT Manager, Jennifer Martin, who will be pleased to assist.
Self Assessment – Q & A
Self-assessments. We have all heard of them, you maybe even know what they are. However, here at QAccounting some of our most frequently asked questions are about self-assessments. So below we have outline some of the most common questions we get asked, and the answers we get so tired of giving… just kidding.
Setting Up a Limited Company – 5 Key Things to Consider
If you are looking at going self-employed, then setting up as a Limited Company (LTD) may be the best option for you.
The Benefits of Having an Online Accountant
Here at QAccounting we are part of one of the UK’s largest contractor service providers. We started operating over a decade ago (around the same time DFS started their first sale) and have been dedicated to serving self-employed professionals ever since. One of the perks of choosing and accountant like QAccounting is that we offer all of our accounting services online.