The New Flat Rate Scheme

New HMRC guidance regarding the flat rate scheme On 4 May 2016 HM Revenue & Customs (HMRC) issued an updated edition of VAT Notice 733 regarding the flat rate scheme for small businesses: www.gov. More

Are you paying too much VAT?

You may be paying too much VAT if you are using the flat rate scheme and based your choice of business sector on the guidance issued by HM Revenue & Customs (HMRC). More