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Changes to the VAT Flat Rate Scheme

January 10, 2017

Author:

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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