by Sharon Kearns | Jan 7, 2014 | Finance Tips, VAT
Is your turnover between 1,250,000 and 2,000,000? On 1 May 2014 the threshold for accounting for VAT on the cash-receipts basis will be increased from 1,250,000 to 2,000,000. This is a very positive development for SMEs. For businesses applying the 23% VAT rate...