Rodolfo Basilio No Comments

Important notice: New VAT Flat Rate Scheme

From April 2017, HMRC has announced significant changes for the amount of VAT that many small businesses will have to pay in UK. This will affect vast majority of businesses that use the VAT Flat Rate Scheme but spend very little on goods, including raw materials such as companies providing services to their clients. The aim of the new rate of 16.5 % is supposedly to tackle aggressive abuse of the scheme by labour-only agency workers.

What is VAT Flat Rate Scheme?
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Rodolfo Basilio No Comments

My dog ate my tax return…and all of the reminders

I have seen many unusual excuses from Self Assessment Vertice Services clients.

Each year HMRC receives a number of unusual excuses from Self Assessment customers who didn’t complete their tax return on time.

Some of them are very funny, please see below:
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