Reply to post: Re: Life goes on.

Royal Bank of Scotland IT contractor ban sparks murmurs of legal action

johnfbw

Re: Life goes on.

AC Generally speaking banks and other financial service providers can only claim a small percentage of their VAT back (often 4-5% of the 20% they pay - so less 1%). It is highly dependent on the type of service they provide

Also you don't technically need an accountant to sign off small accounts. It is just recommended (by accountants!)

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