Flat Rate vs Standard Rate Schemes

In today’s Compliance Corner we’re talking about the different VAT schemes available for you when registering for UK VAT – Flat Rate and Standard Rate…

 

What does the different schemes entail? What’s the difference between the two? Which one should I pick? Can I change? This is one of the biggest questions we get so we thought now was a good time to cover it so you know if you’re on the right scheme.

 

Check out the full video for more information and we look forward to seeing your Thursday for more crucial content! You can also check out the last week’s episode Andy mentions below, where we talked about HMRC. https://www.youtube.com/watch?v=tNaAH…