A change to the VAT flat rate scheme from 1 April 2017

The VAT flat rate scheme has been popular with many small businesses but may become less so due to a change that HMRC intend to make from 1 April 2017, according to Garbutt and Elliott, a northern based accountancy firm. Currently there are 54 flat rate percentages ranging from 4% to 14.5% (depending on the … Continue reading A change to the VAT flat rate scheme from 1 April 2017