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Changes to the VAT Flat Rate Scheme

January 10, 2017


Type: MHA Chiks TV, Motor Trade Videos, VAT


The VAT Flat Rate Scheme is a mechanism that simplifies the recording of VAT on sales and purchases, easing bookkeeping requirements and reducing costs. VAT Manager, Mike Marsden, looks at the changes to the VAT Flat Rate Scheme which are due to come into effect from the 1st April 2017.


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