If you have a small business then have you ever considered registering for flat rate VAT?
As James Sherbourne, our Head of VAT explains in this podcast, flat rate VAT makes it a lot simpler and quicker for small businesses (turning over less than £150,000 ex VAT) to calculate their VAT return.
Which means it can save you time. It might also save you some money too.
As James explains, the different rates of flat-rate VAT mean that some small businesses will be better off on a flat rate scheme.
If you have a small business or know someone who does, then listen in to this 'brief' conversation (it's just 6 minutes long!).