Flat Rate or Full fat VAT?

[tim361]

Those of you that are VAT registered are you flat rate or not? I’m going to have to register for VAT very soon, have had 3 years trying to stay under the threshold but I’m getting fed up with trying to stay under. My time is split 50/50ish between fencing and tree work and I also do a fair bit of subbing to other people so I’m thinking flat rate would be best for me. Also those who are flat rate, what did your business come under on the list from HMRC?

 

Cheers 

[doobin]

You sure don’t want to be flat rate if you are buying a lot of fencing materials! 

[andy ellis]

tree work flat rate definetly (saved me 15k in four years)but for fencing normal vat as you can claim back the vat on all the materials so you would be better off that way 

[treevolution]

You will be better off on full rate rather then flat for tree work.