refer to Notice 733 Flat Rate Scheme for small businesses which is available on our website, go to www.hmrc.gov.uk About the business Use one of the trade sectors from the table accessed in section 4.3 of Notice 733 Flat Rate Scheme for small businesses. Please note that this table is only available on our website, go to www.hmrc.gov.uk

refer to Notice 733 Flat Rate Scheme for small businesses which is available on our website, go to www.hmrc.gov.uk About the business Use one of the trade sectors from the table accessed in section 4.3 of Notice 733 Flat Rate Scheme for small businesses. Please note that this table is only available on our website, go to www.hmrc.gov.uk I'm looking into the Flat Rate VAT scheme and having trouble working out which sector I'd fall under. The business is me as a sole trader running an online service that lets people set up their own website. I provide support via email and set up their domain name for them, but they enter all the content etc. to the websites themselves. Flat Rate Scheme (FRS) Tell us your main business activity. Use one of the trade sectors from the table accessed in section 4.3 of Notice 733 Flat Rate Scheme for small businesses. Please note that this table is only available online at www.hmrc.gov.uk My main business activity is: Flat Rate Scheme rates and trade sectors. Posted by Susan Froude on 17 May 2016 08:27 AM. Unless you are a limited cost trader, the flat rate you use depends on the business sector that you belong in. The correct sector is the one that most closely describes what activity your business will be doing in the coming year although you must first What is the VAT Flat Rate Scheme? The Flat Rate Scheme (FRS) is an alternative way for a small business to account for VAT, the purpose of the scheme being that it reduces the administrative burden on small businesses by allowing them to keep simplified and less detailed VAT records. Flat Rate Scheme (FRS) Tell us your main business activity. Use one of the trade sectors from the table accessed in section 4.3 of Notice 733 Flat Rate Scheme for small businesses. Please note that this table is only available online at www.hmrc.gov.uk My main business activity is:

Information regarding the trade sectors and flat rate percentages can be found in VAT Flat Rate Scheme – Flat rates for types of business). You would use these 

VAT flat rate scheme sectors. The VAT flat rate percentage changes depending on your business type. The percentage needs to be reduced in your first year of VAT registration. If the rate is changed you must use the new percentage from the date it alters. The VAT Flat Rate Scheme was introduced to simplify the process of calculating VAT returns. The premise of the scheme is that you pay a fixed rate of VAT based on which trade sector your business falls into. However, choosing the correct trade sector is not always as straightforward as it sounds and could cost you money if you get it wrong. If you change the nature of your business but remain eligible to use the Flat Rate Scheme, apply the appropriate flat rate percentage for the trade sector for the new type of business from the I require trade sectors from table section. 4.3 of notice 733 Flat Rate scheme for small business please. Thank You - Answered by a verified UK Tax Professional. We use cookies to give you the best possible experience on our website.

refer to Notice 733 Flat Rate Scheme for small businesses which is available on our website, go to www.hmrc.gov.uk About the business Use one of the trade sectors from the table accessed in section 4.3 of Notice 733 Flat Rate Scheme for small businesses. Please note that this table is only available on our website, go to www.hmrc.gov.uk

Flat Rate VAT scheme - eligibility, thresholds, flat rates of VAT and joining or leaving the scheme. 11 Apr 2016 Trade Sectors: A to Z of flat rate percentages by trade. This A-Z list is sorted by trades and shows the sector to which HMRC considers they  5 Aug 2019 Businesses who register for VAT and join the FRS receive a 1% reduction from the flat-rate percentage for their trade sector for the first year  The percentage rates are determined according to the trade sector of your business and range from 4% to 14.5%. The table in the appendix to this factsheet  

4 Feb 2014 Most contractors and freelancers, and in particular those with low VAT rated expenses, opt for the Flat Rate VAT Scheme (FRS). This allows you 

11 Apr 2016 Trade Sectors: A to Z of flat rate percentages by trade. This A-Z list is sorted by trades and shows the sector to which HMRC considers they  5 Aug 2019 Businesses who register for VAT and join the FRS receive a 1% reduction from the flat-rate percentage for their trade sector for the first year 

Contractors and freelancers who offer specialist and niche services don’t always fit into one of HMRC’s VAT Flat Rate Scheme Trade Sectors.As a result their business may be misclassified, and be paying too much, or too little VAT.

Flat Rate Scheme (FRS) Tell us your main business activity. Use one of the trade sectors from the table accessed in section 4.3 of Notice 733 Flat Rate Scheme for small businesses. Please note that this table is only available online at www.hmrc.gov.uk My main business activity is: A to Z of flat rate percentages by Trade Sectors (2016) Posted on June 12, 2017 by Yusuf Patas • 0 Comments. A. Sector distribution and trade in gas or electricity: Refining of metals and making of articles in metal: (excluding those using the Tour Operator’s Margin Scheme) V. Sector Trades % Veterinary medicine: Veterinary

Using the Flat Rate Scheme you simply pay VAT as a fixed percentage of your VAT inclusive There are over 50 trade sectors highlighted on the official tables. Using the Flat Rate Scheme you simply pay VAT as a fixed percentage of your VAT inclusive There are over 50 trade sectors highlighted on the official tables. The VAT flat rate scheme for small businesses reduces the administrative burden of The percentage rates are determined according to the trade sector of your