Expenses, VAT and HMRC Compliance in a Nutshell

When it comes to expenses, VAT, compliance and HMRC guidelines, it is not always clear what best-practice is or even what the rules truly mean...
Over the last few years, HMRC has become more focused on assisting businesses of all sizes to comply with HMRCpolicies and implement good governance when it comes to finances at the same time, think of HMRC's advertising campaign, 'Tax doesn't have to be taxing'.
Nevertheless, the reality can sometimes be confusing. Bearing this in mind, we are pleased to share this guide - in the hope that it may shine some light on processes, practices and behaviours around expenses - to help answer some of the frequently-asked questions we receive.