VAT Tool for Flat Rate Scheme users

And lo. HMRC have released the online tool to help you work out whether the Flat Rate Scheme (FRS) is worth it once the changes come in on 1 April 2017. For most freelancers and consultants I suspect the answer will be


Posted on 06 March 2017

Update: VAT Flat Rate Catch for Freelancers

Well there’s not much more  in today’s “clarification” from HMRC about how flat rate VAT will actually work for the newly conceptualised ‘limited cost businesses’. One of the more interesting aspects is


Posted on 05 December 2016

New VAT catch for freelancers?

The Chancellor’s Autumn Statements and Budget announcements seem to follow a set pattern. Leak goodies (e.g. investment in broadband) to the press in advance Friendly MPs ask questions during PMQs highlighting the goodies (e.g. yesterday’s broadband investment or road repairs) Broad brush and headline-friendly stuff goes in the televised speech Much more detail comes out in the


Posted on 24 November 2016

New VAT rules for e-selling in the EU

OK. So e-selling isn't really a word, but if you're selling digital stuff online to EU customers you need to be aware of some new rules. *Takes deep breath…* Small businesses are being warned about new VAT changes from 1st Jan 2015, which mean sellers of apps, downloads and other e-services to customers in other


Posted on 15 December 2014

VAT help for digital services

Time to come clean: the way VAT works across borders is one of those things I can't quite get my head around. I understand how VAT is irrelevant if you are working outside the EU, but how does VAT work when you sell to someone in another EU country? The single market is supposed to


Posted on 15 September 2014