Before I completely lose control with my accountant can someone please confirm whether or not VAT is included in taxable turnover? I can't believe it is but I want check (it has been included in the draft end of year accounts prepared by my accountant).
Also what is the last revenue that can be included in the accounting year? Is the last invoice dated within the year, or the last last invoice paid or the last piece of work completed?
Any answers much appreciated.
Also what is the last revenue that can be included in the accounting year? Is the last invoice dated within the year, or the last last invoice paid or the last piece of work completed?
Any answers much appreciated.
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