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Advantages and Disadvantages of Cash Accounting for VAT #AskAMS

In this edition of #AskAMS, Peter Bromley (Chartered Accountant and Technical Director) goes through the pros and cons of the cash accounting scheme for VAT; Advantages in relation to bad debt and disadvantages and implications when leaving the scheme.

AMS Accountancy Ltd

AMS Accountants in Swindon provide a complete accountancy service for small businesses in Wiltshire and a monthly accountancy service for contractors throughout the UK.

Delta 606, Welton Road, Swindon, SN5 7XF

Website Email 01793 818400

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Advantages and Disadvantages of Cash Accounting for VAT #AskAMS

In this edition of #AskAMS, Peter Bromley (Chartered Accountant and Technical Director) goes through the pros and cons of the cash accounting scheme for VAT; Advantages in relation to bad debt and disadvantages and implications when leaving the scheme.

AMS Accountancy Ltd

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