Business accounting - Lampeter Builder's Merchants - Essay Example

Only on StudentShare

Extract of sample
Business accounting - Lampeter Builder's Merchants

VAT is applicable on different rate depending on the type of Goods and services offered by the company. In addition, there are some goods and services that are exempted from VAT. The VAT rates are divided into three segments
Standard Rate 20 per cent
Reduced Rate 5 per cent
Zero Rate 0 per cent [1]
Since the Company, Lampeter Builders’ Merchants is involved in the construction and material business, the following rates are applicable on the company
At the end of every three months, the company already registered for VAT needs, to file a quarterly VAT return. The return can be filed either electronically or through paper returns. The returns, after properly completing are then sent to the following address ...Show more

Summary

The prime resource for research was the website ‘HM Revenue and Customs’…
Author : bcasper
Business accounting - Lampeter Builder's Merchants essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business accounting - Lampeter Builder's Merchants"
with a personal 20% discount.
Grab the best paper

Related Essays

Business accounting
Considering Europe in which one of the strongest economies, UK reside, is going through bad times including the case of Euro zone debt crisis which has affected the whole EU as well as the countries relating to it in any means. Europe, which was once considered one of the most successful world segment and was analyzed to take over US as the super power has now been dipped into the midst of debts and turmoil, especially the most indebted cities including Greece, Italy and Spain.
6 pages (1500 words) Essay
Business accounting
The specific tasks and duties of an accountant are detailed herein, based on answers provided by a real-life accountant who has been requested to be a part of this research endeavor. An account of the owners of the business enterprise - as the employer of the account - is also included.
6 pages (1500 words) Essay
Business Accounting
The global workforce of the firm is composed of 8,000 workers. The firm was founded in Ted Waitt in 1985. The chairman and chief executive officer of the organization is Stan Stih. The purpose of this paper is to analyze the financial performance of Acer Group during fiscal year 2012.
4 pages (1000 words) Essay
Business accounting
As such, it becomes important to evaluate the financial situation of Northern and Southern branches to identify their relative strengths and weaknesses. In order to accomplish this task, this report will utilize financial ratio analysis. Financial ratio analysis has become one of the most popular techniques utilized in order to ascertain the health and well being of a business organization.
4 pages (1000 words) Essay
Business accounting
In order to accomplish this task, this report will utilize financial ratio analysis. Financial ratio analysis has become one of the most popular
4 pages (1000 words) Essay
Business Accounting
Under payback method the cash outflow of investment will be covered in third year. As per NPV the project will earn inflow more than outflow in its present value. The present value on net inflow (inflow minus outflow) is $
4 pages (1000 words) Essay
Business accounting
as a guide for the Board to develop accounting standards and guides in solving the different problems related to accounting which is not dealt with in the International Accounting Standard or International Financial Reporting Standard or Interpretation (IASPLUS,
6 pages (1500 words) Essay
Business accounting
The rising demand of poultry as a food item due to rise in living standards has resulted in a large market segment of poultry farms which require feed for chicken. The aim of our company is to provide these farmerswith the best quality
7 pages (1750 words) Essay
Merchants PLC
The objective of the company is to offer growth in income along with long term growth of capital by making investment in Hungary.There are several demerits in raising fund only locally by a company. It has to raise fund by other methods from outside sources also.
12 pages (3000 words) Essay
Business/Accounting
The Alberta has an offset system with an overview and the offset protocols, which applies the carbon capture and storage protocol.
2 pages (500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT