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VAT deregistration

vivatifosi · 2017-03-28 23:32:31

With the changes to the flat rate scheme imminent, I wondered if anyone else here is looking to deregister In addition to my main job I run a small limited co which is VAT registered. My expenses are simple but small, so cba to claim through the normal scheme. Most of the small businesses I know are looking to do the same…

Comments

LHW99 Posts: 5,265 Forumite

29 March 2017 at 8:36PM

I looked at this when it was brought in - our business has a very irregular cash flow and may or may not be above the threshold from time to time.

There wasn't a category that I could see we fitted into, and it seemed to me that although we could save sometimes, at others we could lose out.

In the end we didn't go for it, so no change now!

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