VAT and transfers

Question 1

how does a firm account VAT to HMRC

Answer 1

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Question 2

in which of the following examples of payments mad eby a firm would the principal method for dealing with disbursements be used?

a) payment of a court fee
b) payment of an invoice which is in the client’s name
c) payment of an invoice in the firm’s name.

Question 3

true or false - an inter client transfer involves the movement of money between the client bank account and the business bank account.