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Free Guides for new and growing businesses from HRBS - fixed fee accountants and business advisors

VAT Flat Rate Percentage Changes January 2011

The Standard rate of VAT changed to 20% from 17.5% with effect from 4 January 2011.

Changes to the flat rate scheme percentages

hrbs.biz guide to the changes to uk vat rates 01Dec08 VAT Flat Rate Percentage Changes January 2011

Alongside the changes to the Standard rate, the flat rate percentages for many trade sectors changed.

As for previous VAT rate changes, you will have to work out your gross sales for pre and post 4 January and apply the appropriate flat rate percentage to each.

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