Hi all! Newbie book-keeper here, have a quick VAT question for ya!
My client has just gone over the VAT limit and has registered for VAT. His year end is Dec, but his VAT quarter ends Jan. Is it possible to change this, as it would make preparing the accounts easier if he could have it as Dec as well.
Yes this is possible, go to HMRC website for more info. It's very easy to do, just need to complete a form. It does make sense to keep them the same, I do for all my clients where possible.