Capital allowances are tax deductions that a business can claim for the wear and tear or depreciation of its fixed assets. Fixed assets include items such as buildings, machinery, and equipment that a business uses to generate income. When a…
The flat rate VAT scheme is a simplified method of accounting for Value Added Tax (VAT) that can be used by small businesses. It is designed to make it easier for these businesses to calculate and pay VAT to HM…
Welcome to Jarvis Accountancy's official blog – your go-to source for all things accountancy, including the latest news, valuable tips, and updates about our company. We are thrilled to have you join us as we embark on this journey to…
