On the basis of a report by the Comptroller and Auditor General, this report examined HM Revenue and Customs on getting VAT and Company Tax returns in on time,

Value Added Tax (VAT) and Corporation Tax raised around £120 billion in revenue in 2005-06. Some 1.8 million businesses are registered for VAT and 1.8 million

The value-added tax (VAT) has the potential to generate significant government revenue. Despite its intrinsic self-enforcement capacity, many tax administration

There are around 700,000 new businesses starting up each year, all of which are required to register with HM Revenue & Customs for their different liable taxes.

This plain-English guide tells you everything you need to know about small business bookkeeping, money management, tax returns and VAT. Part 1 covers bookkeepin