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VAT...can anyone explain how it works?
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18-11-2006, 05:20 PM
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cos jon
Too many posts.. I need a life!!
Join Date: May 2005
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Go on flat rate, nice and easy. you charge 17.5% on invoices and they you pay the tax man whatever the % is for your industry (anywhere from 10% to 14% i think) paid every 3 months. The first year you get 1% off too. !!
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