What If You Can’t Pay Your VAT?
This is a question that has come up several times recently. Now the 20% rate has been with us for a while, small businesses are finding it harder and harder to meet their quarterly obligations. The trouble is that cash flow is hard work now and many small businesses are finding the VAT is getting swallowed up in day to day trading.The answer is simple to say but very difficult to do – I can tell you this from experience. You really need to [Content protected for Basic members only. Please login or register to read the rest of this post.]
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