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Calculate the VAT paid or payable.
Calculate the standard rated VAT that has been paid or will be paid on amounts entered.
The amount being considered for VAT.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
As well as general accountancy and tax skills, our director and client managers also all have individual specialist skills that enables us to provide our clients with a first class service.
Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget.
HMRC is urging those making money from Christmas crafts, seasonal market stalls, or selling festive items to check if they need to report their earnings.