Module 19: Accounting, VAT, Tax, Insurance and Record Keeping

By the end of this chapter, you will know: Why accounting is so important When you have to pay VAT Other Taxes you will have to pay Recording keeping and its importance to your business Keeping organised: Business licences 19.1 Introduction Running your own cupcake, cake and cake decorating company comes with a lot of responsibilities including knowing about accounting, VAT, other taxes and record keeping. Having the ability to manage your cake business books is es...