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Flat rate scheme for VAT
Asked by LCCI Member (Details Withheld)
Q: A business associate of mine has hypothesised that my company may be able to qualify for the flat rate scheme in respect of VAT – what exactly is this and who can apply for it please?


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LCCI Disclaimer: The London Chamber of Commerce and Industry does not guarantee the accuracy of the information or quality of the advice given in the Business Advice Surgery and does not accept responsibility for errors, omissions or their consequences. The Business Advice Surgery is not a substitute for professional advice and neither the Chamber nor its employees accept any responsibility for loss or damage incurred as a result of acting or restraining from acting upon any advice given or omitted to be given in the Business Advice Surgery.