VAT Notice 773 consists of the reference guide for the flat rate regime for small businesses. A flat rate scheme is mainly to reduce the administrative burden of small businesses and to simplify their VAT accounting calculations such as sales and invoices.
Source: GVC
Latest Posts in "United Kingdom"
- Autumn Budget VAT Consultation May Affect Social Housing and Real Estate Sector Compliance
- VAT IOSS Scheme: Intermediary Registration Available from April 2026 for Non-EU Businesses
- UK Tribunal Ruling Paves Way for 5% VAT on Public EV Charging, Treasury Reviews Policy
- Court Rules Public EV Charging Should Have Reduced 5% VAT Instead of 20%
- Intermediary Registration for UK Import One Stop Shop Scheme Opens April 2026
