Ascentant Blog
Completing your VAT return

Completing your VAT return can be confusing and troublesome. When completing your standard VAT return, remember: 1) Boxes 1 to 5 are tax boxes;2) Box 2 is for intra-EC acquisition tax only;3) Boxes 6 to 9 are net of tax and rounded to whole numbers;4) Box 6 includes the net value of outputs, including taxable, exempt and […]

Good housekeeping for your Accounts

To many people, bookkeeping is a pain and diverts time away from earning income for a business owner. If you leave it to fester, it can lead to incomplete records, incorrect financial accounts and increased accountancy fees. Keeping on top of your books can reap rewards with current and accurate financial records and lead to […]