What type of accounts are these considered at AAT level 2: Purchases and sales-return accounts?
They appear to be the 'opposite" of an expense and income account respectively. Thanks.
Unable to access MATS Practice Assessments on AAT Portal
Can anyone help. I'm using a Mac downloaded all the plug ins and extensions, no joy, followed up with the troubleshoot guide and am unable to access MATS Practice Assessment via AAT Portal. Got my exam next weekend!!
Amazon - China Supplier UK Vat number
Hi, I have purchased goods from a company in China and Cyprus. They both have UK VAT registered numbers, both of which I have checked on the direct gov website and they are correct. My question is, am I able to claim the VAT please?
How to treat workshop built at home
Hi all! Please can you help me with a scenario I'm not sure how to treat. My client runs a painting and decorating business, is VAT registered and is on the flat rate scheme. They are having a workshop built in their garden, solely for work purposes, which will cost £6,500 inc VAT for everything involved - materials,…
The Works is hiring a Financial Accountant in Birmingham
Start a career in Finance You’ll support financial processes and always be on the lookout for ways to improve what we do. You’ll also collaborate with your colleagues to implement strategies that make us more efficient and protect us from risk. When it comes to reporting, you’ll ensure we always have the information we…
L4 Q2022 Personal tax Assessment 2 Task 6 b Mrs S
Hi, I would appreciate your help with Assessment 2 Task 6b Mrs S. My logic: Employer paid £6,000 for business miles. Less £5000 allowance (10000*0.45+2000*0.25). £1000 × 40% = £400 tax to pay. In 23/24, employer paid £4800 less the allowance , £0 is remaining, no tax. Therefore, MrsS will save £400 . Why is 480 in the…
SAGE Help :)
Hello, Just wondering if anyone can provide some help regarding SAGE 50 Accounts. We have numerous customers who have multiple sites that we work on across the UK, we was wondering if we could have the main customer account & then within that account have sub-accounts e.g. Joe Bloggs - York & the invoices for that…
Unable to access the MATS Practice Assessments, can anyone help?
I have followed all of the suggested requirements to access the practice assessments including using chrome, downloading the PSI plug in and have .NET framework 3.5 installed, but it still comes up with an error each time. Does anyone have any ideas or are experiencing the same thing?
Online AAT revision sessions by First Intuition
Hello, I just wanted to say that I have seen that First Intuition are hosting some more free online AAT revision sessions for Level 2, Level 3 and Level 4. I think they will be recorded for their youtube channel. There are some sessions this week, some tomorrow actually (Tues 20th Feb). Here is a link to their page:…
Sales and purchase nominal
Hi, hope someone can help, the person, prior to me has process sales invoices using the purchase nominal, some with the purchase nominal and others with the nominal the same for both, I can correct this, but how has this affected the VAT return.