A basic introduction to VAT
In our latest video Jonathan Main, Partner and Adam Stock, VAT Manager provide a basic introduction to VAT.
Some questions they answer are;
• What is VAT?
• What are the tax points for goods and services?
• What is one of the most common areas that people overlook in terms of getting some relief from the VAT they have paid?
• What records do you need to keep?
• What evidence might you need for recovering VAT?