Reply To: Submitting a VAT return when NO TRANSECTIONS AT ALL have taken place

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17 November 2021 at 11:19 #56206
VAT-adviser
Member

yes that is correct. You can find this article helpful in order to find your FLAT RATE when you eventual have sales transactions.  https://www.freeagent.com/guides/vat/flat-rate-scheme/ and  https://www.gov.uk/vat-flat-rate-scheme/how-much-you-pay