Just a quick one about your VAT…As you are aware you can claim 50% of the clients food and non-alchoholic beverages bill up to £10 per customer on Mondays, Tuesday and Wednesdays.
Be aware that you must pay the VAT on the full bill and it is due in the quarter that the client’s bill is created (i.e. the refund does not affect the VAT due in any way).
The 5% VAT rate does still apply to food and non-alchoholic when using this scheme.
If you have any further queries please contact me. I am a registred bookkeeper here to help you with your bookkeeping, VAT, CIS, Payroll and Self Assessment. I am within easy reach Wisbech, King’s Lynn, Swaffham, Fakenham, Dowhnam Market and the North Norfolk Coast with clients further afield too.