The Freelance Thread (Contractor, IR35)

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Gewürzt

Flat rate Vat is pretty much pointless since it was changed a few years back. You should just go onto the standard rate.

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Trunkie in reply to @Gewürzt

Doesn't it depend on your business? Eg I'll be classed as advertising which currently attracts a flat rate of 11%

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amey in reply to @Trunkie

yeah flat rate for 'service' (design) makes sense, you get I think 4% back depending on what business you register as.

Plus we have no regular expenses once the laptop etc is sorted.
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Gewürzt in reply to @Trunkie

Only if you're not a limited cost trader (which most contractors fall into) then it's 16.5%

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