Company structures inc basic accounting, tax and VAT

Company structures inc basic accounting, tax and VAT

An insightful session covering everything you need to know when it comes to Company structures including basic accounting, tax and VAT.

The workshop will cover:

Company Structures

  • Limited by shares
  • Limited by guarantee
  • Partnership
  • Sole trader
  • LLP
  • LLC

Basic Accounting

  • What is the legal requirement?

Types of accounting records

  • Paper
  • Spreadsheet
  • Software package
  • Cloud

Proportionate for the need

Features of software

  • Bank import/reconciliation
  • Management of Debtors (customer) ledger
  • Management of Creditors (supplier) ledger
  • VAT returns

Taxes

  • Income tax, VAT, payroll taxes, overseas filings
  • Income tax filings – deadlines, information required, fines
  • VAT – threshold, registration timelines, filing of returns, penalties, new 5% VAT rules
  • Payroll – registration, record keeping, payment of tax and NI, Sub contractors, penalties
  • Overseas – taxes (UK and other), VAT

Date

Jan 12 2023
Expired!

Time

9:30 am - 11:30 am

Cost

£7.20

Location

Eagle Lab, Isle of Man
Queen Victoria House, Victoria Street, Douglas, IM1 2LF, Isle of Man
Website

Organizer

Chamber of Commerce, Isle of Man
Phone
+44 1624 674941
Website

Channel Eye Media is advertising this event for a third party. The event is not promoted, or endorsed by Channel Eye Media unless specifically stated.

Date

Jan 12 2023
Expired!

Time

9:30 am - 11:30 am

Cost

£7.20

Location

Eagle Lab, Isle of Man
Queen Victoria House, Victoria Street, Douglas, IM1 2LF, Isle of Man
Website

Organizer

Chamber of Commerce, Isle of Man
Phone
+44 1624 674941
Website

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