The Flat Rate VAT Scheme (FRS) is a simplified option for paying VAT for businesses with lower turnover. At an annual ...

Our client exceeded the vat threshold last year and did not register at the time. They are now below the threshold again.  We have notified HMRC and ...

Xero does all the hard work for you, including calculating your VAT according to your scheme (flat rate, cash etc.), automatically making adjustments based on your invoices and bills data, and filing ...