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Business Accounts

KimBlaides · 2013-11-24 12:39:10

I am writing up a business plan as a project in college. I am not a business student, its just a module I have to take and I am lost. The business plan is based on a consultancy service. As we are a service, we do not have purchases, just sales and general costs for running the business. Can anyone tell me what I do about…

24-11-2013 12:39pm

#1

KimBlaides

Registered Users, Registered Users 2 Posts: 33 ✭

Join Date: September 2013

Posts: 19

I am writing up a business plan as a project in college. I am not a business student, its just a module I have to take and I am lost. The business plan is based on a consultancy service. As we are a service, we do not have purchases, just sales and general costs for running the business. Can anyone tell me what I do about VAT? As a business owner what do I pay VAT on to the gvmt and where do I put it in the accounts?

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