Acareo Ltd

Focusing on the main thing!

IR35

Taxation, austerity and small business – life or death?

So, with effect from 1st April the flat rate VAT Scheme is changing.It seems our business is now caught by what HMRC term as a “limited costs business”. ¬†Essentially, because our costs of goods is less than 2% of turnover we will have to pay an additional 2% VAT. This coupled up with a reduction […]

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