Cash in hand, case in hand
13 September 2012
There is an array of ways to avoid paying VAT and many are common - as are Customs raids and penalties. Accounting technicians should be wary…
Recently, Gordon Brown and other ministers have been talking about the ‘black economy’. What is the black economy and what can we do to ensure clients do not fall foul of regulations or incur the wrath of the tax collecting departments? What about possible vat frauds committed by clients whose aim is to keep more money in their pockets and less in the hands of the...