Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 28, 2024

Help b) Briefly explain the VAT Flat Rate Scheme, the advantages of using this scheme by small businesses and the conditions which need to be

Help

image text in transcribed

b) Briefly explain the VAT Flat Rate Scheme, the advantages of using this scheme by small businesses and the conditions which need to be met before businesses qualify to join to this scheme? (4 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Financial Accounting

Authors: Jerry J. Weygandt, Lorena Mitrione, Michaela Rankin, Keryn Chalmers, Paul D. Kimmel

3rd Edition

0730302296, 978-0730302292

More Books

Students also viewed these Accounting questions

Question

★★★★★

Driving along a crowded freeway, you notice that it takes a time t to go from one mile marker to the next. When you increase your speed by 7.9 mi/h, the time to go one mile decreases by 13 s. What...

Answered: 1 week ago

Question

★★★★★

If you graph a revenue and cost function, explain how to determine in what regions there is profit.

Answered: 1 week ago

Question

★★★★★

What is the value of ????crit in a (a) 90% large sample confidence interval for the mean? (b) 95% large sample confidence interval for the mean? (c) 99% large sample confidence interval for the mean?

Answered: 1 week ago

Question

★★★★★

Prison Watch Company offers legal consulting advice to prison inmates. Prison Watch Company prepared the end-of-period spreadsheet (work sheet) at the top of the following page at June 30, 2010, the...

Answered: 1 week ago

Question

★★★★★

The intrinsic value of a type of money is ___________ related to its liquidity. A. directly B. not C. inversely

Answered: 1 week ago

Question

★★★★★

For the 1st time in nearly two decades, Healthy Meals Inc. has seen a serious outbreak of occupational skin disease, including miliari among its workers. Industrial hygienist at the company are...

Answered: 1 week ago

Question

★★★★★

This week, your assignment is to create a crisis management plan for either your organization or for Dalton, Walton, and Carlton, Inc. When constructing your plan, think about what needs to be done...

Answered: 1 week ago

Question

★★★★★

1) An altimeter is a device that measures the height of a plane above the ground. It works based on air pressure according to the formula h = 18400log where h is the height above the ground in...

Answered: 1 week ago

Question

★★★★★

Lets put on our trainer hats and compose a brief training script on critical concepts in legal and ethical issues in the workplace. Select 1 of the following questions. Make sure you define your...

Answered: 1 week ago

Question

★★★★★

Consider the following series (i) Show that the series converges if (a, b), where a = = (ii) For any I in the above interval the sum of the series is 00 (2x+3)" n=2 2n+1

Answered: 1 week ago

Question

★★★★★

1. If a generator costing $300k is installed in a factory and the cost of preparing the site is $100k, what would be the QE (qualifying expenditure) for the factory? Korea Manufacturing purchased a...

Answered: 1 week ago

Question

★★★★★

Watch Kevin Plank give the keynote speech at the 2010 Cupids Cup for the Robert H. Smith School of Business at the University of Maryland (www.youtube.c om/watch?v=C8zI1mcmEkM). What are some of the...

Answered: 1 week ago

Question

★★★★★

According to McClellands manifest theory of motivation, people are motivated by the needs for achievement, power, and affiliation. Which of these needs would you attribute to Plank? If you were to...

Answered: 1 week ago

Question

★★★★★

What level of moral development do you believe is exhibited by Adam Neumann?

Answered: 1 week ago

Previous Question Next Question