Mar
27

Furnished Holiday Let changes for those on the Flat Rate Vat Scheme

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The Flat Rate VAT Scheme (FRS) is a simplified option for paying VAT for businesses with lower turnover.

At an annual turnover of £90k of vatable supplies, a business must become VAT registered and pay VAT on sales.

View Full Article: Furnished Holiday Let changes for those on the Flat Rate Vat Scheme

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