9th August 2010, 01:44 PM
Quote:
VAT is easy and worth registering for even if you are below the threshold.
why is it easy getting involved with vat, -don’t you have to do your books every quarter
and what are the benefits if you are below the threshold. Surely charging 20% on top is a competitive negative in a lot of cases. Even in the cases where the client is vat registered quite often they are on a flat rate of vat based on turnover.
Is there a flat rate that you can negotiate?