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Changes to VAT flat rate scheme


Shane
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Did I read the Govt's statement right?

It looks like the flat rate will be 16.5% for all 'Limited cost' traders.

 

Looks like it's open to a bit of interpretation as to what constitutes Limited cost but it would be useful to get some expert views on this.

 

 

They suggest it will make things easier? For whom?

 

:confused1:

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