Flat Rate VAT Scheme Rate
Flat Rate VAT Scheme Rate
Out of context: Reply #8
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- johnnnnyh0
Business in Cornwall is fine-ish. The sun is out and there are boats bobbing up and down on the river. Not a load of work around but hey it is summer.
Agree with Spooky that VAT are hardnosed BUT as long as you're on top of it, you shouldn't need to worry. It's extra admin, for sure, but no more than doing the accounts anyway.
It is just passing money around though if all your clients are VAT registered. Nevertheless I like buying things and subtracting the VAt and thinking I got it cheaper.