As F&A accountancy, we aim to provide useful links for our clients. From this way, we can provide detailed explanations to our clients in relation to their interested field and keep them updated with recent HMRC changes or in other subjects.
PAYE and payroll for employers
As an employer, you normally have to operate PAYE as part of your payroll. PAYE is HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment.
VAT Flat Rate Scheme
The amount of VAT a business pays or claims back from HM Revenue and Customs (HMRC) is usually the difference between the VAT charged by the business to customers and the VAT the business pays on their own purchases.