Monthly Archives: February 2014

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Insurance Payments and VAT

There have been a few instances where VAT has been reclaimed incorrectly on insurance. For VAT purposes insurance is classed as Exempt (code 8) and therefore there is no VAT charged. However, most insurance payments also include 6% Insurance Premium …

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New Budget Plan Released (version 4.05.05)

A new version of the budget plan has been released recently (v4.05.05) due to four bugs being found on the previous version (v4.05.04). You can continue to use the previous version but please be aware that:

1)¬†For one or …

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