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Outsourcing
Many businesses are unable to devote their full attention to their core operations and areas of expertise due to the increasing requirements and changing rules and legislation that accompany the need to provide payroll, accountancy, VAT and tax information. |
Important VAT Return filing changesVAT returns for businesses with a turnover of at least £100,000 will need to be filed electronically for all VAT periods commencing on or after 1st April 2010.Businesses will need to enrol with HMRC for this and will need a computer with internet access. MAS Associates are pleased to provide an electronic filing service at no additional cost to our clients. Further details about the changes can be found on HMRC's website at http://www.hmrc.gov.uk/vat/vat-online/index.htm . For further information about our free electronic filing service call us on 01543 683631. ... MoreVAT ChangesThe standard rate of VAT changes to 17.5% on 1st January 2010. The VAT fraction will revert to 7/47. There are also changes to reporting requirements for those businesses dealing with cross border transactions within the EEC. If you require assistance with making these changes please call us on 01543 683631. Further information can be obtained from the HMRC website by following these links: http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-changes.htm for the standard rate change and http://www.hmrc.gov.uk/vat/cross-border-changes-2010.htm for the cross-border VAT changes. ... MoreFinancial NewsFortis fined €576,000 by Dutch regulator |
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