Module 7: 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 licenses 7.1: Introduction Running your own cupcake, cake and cake decorating company comes with many responsibilities; including knowing about accounting, VAT, other taxes, and record keeping. Having the ability to handle your cake business books is very...