It’s a tricky business, VAT! And is one of the most common areas where small businesses lose money. The 5 most common mistakes? ⏰ missing deadlines 😑 incorrect VAT rates 😩 poor record keeping 🤦🏽 not reclaiming eligible VAT 🗣getting caught in disputes with HMRC Getting VAT wrong is stressful and costly but with expert support it doesn’t have to be. The Gov.UK website has a whole section on VAT at gov.uk/how-vat-works but if you’d rather get face-to-face advice, ask your accountant…. or us! #KcaAccountants #EssexAccountants #SmallBusinessAdvisors #VATAdvice