VAT Flat Rate Scheme

VAT Flat Rate Scheme: How Does it Work? What Are the VAT Flat Rate Percentages? Who is the Scheme Applicable To?

VAT Flat Rate Scheme: Limited Cost Traders

Limited Cost Traders Since some traders were benefitting from making more from the scheme, HMRC introduced new guidelines from 1 April 2017 to try and...

VAT Flat Rate Scheme: Handling Bad Debts

If you are in the unfortunate position of not being paid by a customer or client, then you may be able to claim for...

VAT Flat Rate Scheme: Claiming VAT on Stock When Leaving the...

When you are part of the VAT Flat Rate Scheme you don't claim the VAT on your purchases.  However if you have left or...

VAT Flat Rate Scheme: Leaving the Flat Rate Scheme

Leaving the VAT Flat Rate Scheme is simple to do. But there are implications for VAT reporting as well as some time sensitive issues...

VAT Flat Rate Scheme: Flat Rate Percentages 2018

Under the VAT Flat Rate Scheme, you pay VAT over to HMRC at a set rate according to the industry you operate in.  Here...

VAT Flat Rate Scheme: How to Register

The VAT Flat Rate can bring many benefits including helping cashflow and reduced administration.  So once you have decided that the VAT Flat Rate...

VAT Flat Rate Scheme: How Does it Work?

The VAT Flat Rate Scheme was introduced by HMRC many years ago in a bid to simplify the VAT reporting system for certain smaller...

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