2. Responsibility: | Each person is responsible for their own personal information: | 1. (PID). Personal Invoice Document is automatically created at the end of each Sunday based on time sheets added during the week. Each person is responsible to add their own time sheet each day by clocking in. | 2. (PAR). Personal Annual Return is automatically managed and is always complete and correct. Each person is responsible to HMRC to provide their personal annual return that is a summary of this information. | 3. (PVR). Personal VAT Return is automatically managed for each person with a personal VAT registration. Each person is responsible to HMRC to pay their accrued VAT each quarter. |
3. VAT Development: | 1. From April 2019, VAT submission to HMRC is expected to become fully automated for people with a VAT direct debit. Where a person maintains their Daily Expense Form, then all purchases will be deducted from their VAT accrual amount without any manual action. |
Document Control. | 1. Document Title: Personal Documents. | 2. Description: Personal Documents, policies and guidelines. | 3. Keywords: Personal Documents, policies and guidelines. | 4. Privacy: Shared with approved people for the benefit of humanity. | 5. Edition: 1.1. | 6. Issued: 2 Jan 2018. |
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