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Major changes to the VAT Flat Rate Scheme

If you currently charge 20% VAT on your sales to customers but pay a much lower VAT rate as a percentage of your Gross sales (between 12-14%)  please read on! From the 1st April 2017, the Flat Rate VAT Scheme is changing.  HMRC is introducing a new 16.5% rate which is likely to be less…Read More

VAT Explained

If you are new to the world of VAT it can feel virtually impossible to get your head around what it is and how it works. There’s no need to fear however, our VAT experts are on hand to explain exactly what it is and how it plays a part in your business. What is…Read More

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