The Flat Rate VAT Scheme was introduced in 2002 as a way for small businesses to simplify VAT returns. This allows eligible self-employed drivers to charge VAT at the full rate while paying HMRC at a lower rate.
The Flat Rate VAT Scheme was introduced in 2002 as a way for small businesses to simplify VAT returns. This allows eligible self-employed drivers to charge VAT at the full rate while paying HMRC at a lower rate.