Clients
File Number 204
A & FW Property Ltd
the amount in an account at the start of an accounting period
Opening balance
provides HMRC information about the employees, taxes and contributions, and also records how much the employer owes to HMRC.
FPS
Lottery tickets. VAT or Exempt?
exempt
Bank account names for HMRC
Shipley / Cumbernauld
File Number 176
Barry Elman (Wholesale) Ltd - MG Call him back
a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error
Trial Balance
SL1 & SL2 are types of..
Student Loan
Mobility aids for the elderly. VAT rate?
5%
Football presenter who has just won case against HMRC
Gary Lineker
File Number 190
Bridge4Learning Services Ltd
an account used to record the balances on a number of subsidiary accounts and to provide a cross-check on them
control accounts
National Minimum wage (18-20 year olds - this tax year)
£6.83
Alcohol. VAT rate?
20%
You’ll pay a late filing penalty of £____ if your tax return is up to 3 months late
£100
File Number 25
Estrella & Rosa Ltd
a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Balance Sheet
one of the submissions you complete as part of Real Time Information (RTI). It's needed if no employees were paid in the reporting period, or if you want to claim any payments or reclaim deductions such as your employment allowance.
EPS
babywear. VAT rate?
0%
Companies House formation date
1844
Liverpool Carriage Masters Ltd
the difference between net revenue and the cost of goods sold
gross profit
an annual amount businesses can claim towards their employers' Class 1 National Insurance
Employment Allowance
Dispensing of prescriptions by a registered pharmacist. VAT Rate
0%
Headquarters are located in?
Cardiff