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Free Guide to Flat Rate VAT Scheme
This guide sets out to explain the basics of HM Revenue & Customs (HMRC) flat rate VAT scheme and its potential benefits. It is based on HMRC advice and recommended practices.
In contrast to standard VAT accounting, there are several alternative ways you can account for VAT that could save you time and money. With the flat rate scheme you pay a fixed percentage of your turnover as VAT.
This has two main benefits:
- Reduced administration, as your VAT liability is calculated as a simple fixed percentage.
- Financial savings as long as the scheme is right for your business circumstances
Request your free guide today:
Alternatively call our New Business Team on 0845 058 1400
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