Reply To: NEW VAT FRS rate.

Forum Categories VAT SCHEMES NEW VAT FRS rate. Reply To: NEW VAT FRS rate.


The limited cost trader is an anti avoidance legislation hence its difficult to get around it. I would recommend closely looking through notice 733 so you understand all the finer points esp section 4.6 which confirms that goods should be relevant and used exclusively for the purposes of the business and do not include capital items.