{"id":24,"date":"2016-12-05T14:17:10","date_gmt":"2016-12-05T14:17:10","guid":{"rendered":"http:\/\/demo.deliciousthemes.com\/patti\/?p=24"},"modified":"2021-03-11T06:41:35","modified_gmt":"2021-03-11T06:41:35","slug":"flat-rate-vat","status":"publish","type":"post","link":"https:\/\/www.canningandpartners.co.uk\/flat-rate-vat\/","title":{"rendered":"Flat rate VAT could earn you extra profit."},"content":{"rendered":"\n

You could profit from the scheme if you work for VAT registered companies and your turnover is below \u00a3150,000.<\/p>\n\n\n\n

How it Works:<\/strong><\/p>\n\n\n\n

1 –<\/strong> Register for VAT<\/p>\n\n\n\n

2 –<\/strong> Charge 20% VAT on your Invoice and pay HMRC approved Flat rate %<\/p>\n\n\n\n

3 –<\/strong>  You retain the difference as extra profit<\/p>\n\n\n\n

Flat Rate % examples<\/strong><\/p>\n\n\n\n

Transport or storage, including couriers, freight, removals and taxis \u2013 10%<\/p>\n\n\n\n

Repairing vehicles – 8.5%<\/p>\n\n\n\n

What our services include:<\/strong><\/p>\n\n\n\n