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Re: is vat registration good or bad
« Reply #20 on: August 24, 2010, 08:55:06 pm »

Why will the flat rate scheme save you thousands? 


Hi Creighton,

I questioned myself reading some posts and checked the flat rate scheme out, it's worth doing if you can (turnover etc) it could save thousands as John said. Heres an online calculator from the rev..

http://vatreadyreckoner.hmrc.gov.uk/step3_calc_no.jsp

Like I said a good accountant will help anyway.

Kind regards,

Paul

wynne jones

  • Posts: 2918
Re: is vat registration good or bad
« Reply #21 on: August 24, 2010, 09:29:39 pm »
It can be good or bad depending on your cirumsrtances consult an account. ;)
It's not expensive, you just can't afford it.