Value Added Tax (or VAT) is an indirect tax. Occasionally you might also see it referred to as a type of general consumption tax. In a country which has a VAT, it is imposed on most supplies of goods and services that are bought and sold. VAT is one of the most common types of comore...
What is VAT Returns? A VAT Return calculates how much VAT should be paid. I f your business is VAT registered, you must produce a monthly or quarterly VAT Return. Once you’ve created the VAT return , you can also record your payment or refund of VAT. Accounting Software automatmore...