I need some help please in VAT 100 form. When we complete the VAT return I am confused about the VAT on Sales return and purchases return. Where do we adjust VAT of these items.
Actually, think that could be a mutually beneficial arrangement if Ahmad brings you his existing clients in exchange for him servicing them under your tutoring.
(Ahmad if your reading this my post is meant in a good way. Appreciate that it can be read in two different ways but I don't know how else to phrase the answer).
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Yes, Shaun. Feeling isolated is something i have experienced and I responded to repeated posts from my neck of the woods. I can see that Ahmad is dying to get started and it would be a shame to waste that for lack of direction. In particular, I didn't answer the previous posts because I wouldnt want to promise work experience only to disappoint when I have just taken on my other half last week. Otherwise, my nature is to share with beginners but I wanted to know the experience and advertising aspect because I couldn't promise to sit him down and say "right lets get the sales day book in" and spend time on jobs i knew off by heart.
I assure everyone reading this of my best intent despite my crass offer. It's probably my good looks but I have been guided by accountants throughout my career and without such exchange I don't think the current tax legislation would function at all.