Your business will receive a big payment for a breach of contract committed by a supplier. The supplier has asked for a VAT invoice from you so they can claim input tax on their payment. Is this correct?
S R Lynn & Co·Blog
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You still need to pay some of the self-assessment bill that was due on 31 January 2025. As a result, interest will be added to the debt and penalties can follow. What steps can you take to prevent or mitigate them?
Asbestos has been discovered during the refurbishment of one of your company’s factories. Environmental waste rules are going make it expensive to remove. How might a tax break mitigate the cost?
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