19 March 2018
VAT on expenses can get confusing. So here's our guide to inputting VAT expenses in Xero and making sure your coding is spot in.
VAT is something that we’re probably all aware of, but how many of us really understand the ins and outs of it? As an SME founder, understanding the relationship between VAT and your business is important to ensure you’re saving as much money as possible and fulfilling your legal obligations. You’d be forgiven for feeling overwhelmed by all the information out there around VAT, so we’ve broken down some of the top questions we get to help you out.
FD Works is a firm of Accountants, Business Advisors and Xero Specialists based in Bristol and Bath.