Resources - VAT freelancer

A selection of great tools, business guides and articles to help make your business a success

New VAT penalty regime – the changes explained

Feb 10, 2023 | Blog

A new VAT penalties regime was brought in this month, and any firms or individuals missing their filing deadline from January 2023 onwards will receive penalty points even if there is no VAT due to be paid. While this may sound more benign than getting a fine,...

Understanding Changes To The Flat Rate VAT Scheme

Apr 28, 2017 | Blog

Our relationship with HMRC seems to be in constant flux. This April, we've seen changes to flat rate VAT, plugging what the government sees as a deficiency in suitable tax payments. The flat rate scheme used to be hugely advantageous for freelancers and contractors in...

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