In order to avoid tax fraud and increase the accuracy of VAT reporting, tax administrations around the world are adopting an electronic invoicing system which enables tax authorities to have a consistent approach to managing tax audits. This system is known as the Standard Audit File for Tax, and it is becoming an increasingly popular …
Category Archives: tax
Mid Autumn Festival – more than Moon Cake
If any of the previous articles have not quite grown on you (as you already know all of this, or as they do not apply to your business) well let’s give you a break by for once not talking about the endless topics of tax and accounting, as well as VAT compliance. Let’s talk about …
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Tax Avoidance V Tax Evasion
Let’s face it. Nobody likes paying tax. It is a necessary duty we all have to perform, even if we don’t necessarily like it. So here is a thought. Can a good tax accountant help me save money? Yes, he can. And more so, he can help you stay within the law. Careful! There is …
eBay Sellers: The £1,000 Tax-Free Allowance You May Not Know About
As an online trader who sells on online marketplaces, you may be familiar with the differences between eBay and Amazon – eBay is better suited for individuals and sole traders, and Amazon is a platform oriented towards third-party sellers and small businesses. That said, this is not the only difference between these two, as there …
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