Country: | United Kingdom |
Title: | VAT Flat Rate Scheme |
Description: | With the Flat Rate Scheme: - you pay a fixed rate of VAT to HMRC - you keep the difference between what you charge your customers and pay to HMRC - you can’t reclaim the VAT on your purchases - except for certain capital assets over £2,000 |
Link: | https://www.gov.uk/vat-flat-rate-scheme |
Category: | Taxes :: VAT |