To support businesses during the COVID-19 crisis, the Government announced on 20 March 2020 that VAT payments would be deferred for a three month period.
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Why should you put your trust in an audit?
Around one in four small businesses believe that having their company’s annual accounts audited should be mandatory versus around half who disagree. In general, the larger the organisation and the more it wants to grow, the more likely it is to believe that annual accounts being audited should be mandatory, according to the recent study into small and medium sized businesses by the accountancy body, ICAEW.
