What is Vat Flat Rate Scheme? - 0 views
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Vidit Agarwal on 11 Dec 18You compute the tax you pay by your ' VAT comprehensive turnover'. Model, you charge a client for £1,000, adding VAT at 20% to make £1,200 altogether. You're a food provider, so the VAT level rate for your business is 12.5%. Your flat rate instalment will be 12.5% of £1,200, or £150. Read more this article and get complete information