Are you aware that you may benefit from the Flat Rate Scheme (FRS).
The FRS is a simplification to the normal scheme. You can apply a flat rate of VAT to your gross sales (ie amount inc VAT). the flat rate can be anything between 2% to 13.25% depending upon what your trade is. The rate can change from time to time.
Depending upon your trade and the level of your purchases you may be a winner under this scheme.
For more immediate VAT support go to the VAT web page.
September
19
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Flat Rate Scheme (FRS) 
The FRS may simplify your VAT
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