In this blog, we delve into the world of online accounting software and its profound impact on streamlining processes, enhancing data accessibility, and fostering collaboration.
With higher bank interest rates and more money being received from client accounts, law firms need to determine their VAT recovery position as they could now be partially exempt.
We highlight an often overlooked VAT issue which is particularly relevant to property development, or for any business that changes its intended use of an asset from a taxable sale to exempt.