Will You Take Advantage of Simpler Vat?

More businesses across the UK can, from this month, benefit from easier ways to deal with VAT, following changes to one of the schemes aimed at helping small and medium-sized firms to better manage their cashflow.

Changes to the Cash Accounting Scheme (CAS) mean an extra 56,500 businesses can now benefit from the scheme, bringing the total number of businesses UK-wide to more than 810,000. This means 44% of VAT-registered firms can now enjoy simpler VAT.