The Aesthetics Accountant has converted it's digital masterclasses into a new digital pack to help aesthetic practitioners understand the VAT exemption ruling and guide them through the myths and opinions in the industry.
The VAT pack contains explanations on business taxes, the VAT exemption rules and tips for implementing the guide into your day-to-day clinic. The pack also contains add-ons containing templates for cosmetic and medical turnover which can be used to send to your accountant monthly, and monthly turnover monitor, which can be used as evidence to HMRC that you are aware of the rules regarding exemption and are actively monitoring your revenue.
Samantha Senior, founder of The Aesthetic Accountant, said, “Despite the rumours and popular opinions circulating in the industry, there is no grey area! A treatment that is performed by a medic does not alone mean all treatments/sales/income are exempt from VAT. I have put together this basic pack to help non-clients understand the exemption ruling, putting to bed the myths that leave practitioners exposed to VAT investigations.”