Deciding how to pay yourself from your company requires a little bit of financial planning from a tax point of view. You are looking to keep to minimum the amount of tax you pay, but also do it in a way that is compliant. Finding the right mix of the payments that you take requires a bit of understanding about you and your company.
Read MoreReceipt Bank is a bookkeeping software that automates the collection and data extraction from invoices and bank statements.
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If you wish to claim vat on any expense it is required that you have a valid vat receipt or invoice. The invoice should be in the name of your business and should have the vat number of the business that you buy from and a breakdown of the net, vat and gross totals of the amount that you have paid.
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