becasue the flat rate scheme can develop a surplus that needs to be padi once a year rather than VAT 1/4 to VAT 1/4 I need to alter the calculations for the end of year to accommodate this amount.
The VAT is caluclate every quarter but this surplus will always be generated and needs to be accounted for once a year and then taxed.
becasue the flat rate scheme can develop a surplus that needs to be padi once a year rather than VAT 1/4 to VAT 1/4 I need to alter the calculations for the end of year to accommodate this amount.
The VAT is caluclate every quarter but this surplus will always be generated and needs to be accounted for once a year and then taxed.