Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: anderclean on June 07, 2024, 11:44:34 am

Title: vat etc.
Post by: anderclean on June 07, 2024, 11:44:34 am
hi guys
any help/advice on vat, specifically flat rate, we're around the 100k mark
accountant thinks it's 16.5% - don't know why it's not 11% then 12% !!?
any shared  experience appreciated..
Title: Re: vat etc.
Post by: dazmond on June 07, 2024, 12:06:49 pm
hi guys
any help/advice on vat, specifically flat rate, we're around the 100k mark
accountant thinks it's 16.5% - don't know why it's not 11% then 12% !!?
any shared  experience appreciated..

Your accountant should know these things not just pluck a percentage out of thin air.....I think you need another accountant!
Title: Re: vat etc.
Post by: dazmond on June 07, 2024, 12:11:46 pm
It's 12% after a quick Google search.....
Title: Re: vat etc.
Post by: dazmond on June 07, 2024, 12:14:25 pm
(http://www.cleanitup.co.uk/smf/1717758839_Screenshot_20240607_121312_Chrome.jpg)

It's defo 12%
Title: Re: vat etc.
Post by: Soupy on June 07, 2024, 12:24:07 pm
hi guys
any help/advice on vat, specifically flat rate, we're around the 100k mark
accountant thinks it's 16.5% - don't know why it's not 11% then 12% !!?
any shared  experience appreciated..

There isn't any category that's 16.5%

https://www.gov.uk/vat-flat-rate-scheme/how-much-you-pay

Ask him how he arrived at that figure.

I reckon it's 11% for 1 year

(http://www.cleanitup.co.uk/smf/1717761204_Screenshot_2024-06-07-12-52-41-67_40deb401b9ffe8e1df2f1cc5ba480b12.jpg)

Then 12% (any other category not listed)

(http://www.cleanitup.co.uk/smf/1717759673_Screenshot_2024-06-07-12-27-33-31_40deb401b9ffe8e1df2f1cc5ba480b12.jpg)
Title: Re: vat etc.
Post by: Richard iSparkle on June 07, 2024, 12:33:30 pm
hi guys
any help/advice on vat, specifically flat rate, we're around the 100k mark
accountant thinks it's 16.5% - don't know why it's not 11% then 12% !!?
any shared  experience appreciated..

We were 12% as domestic window cleaners when i was on flat rate.

Just moved to full VAT :(
Title: Re: vat etc.
Post by: anderclean on June 07, 2024, 01:45:45 pm
Thanks guys
think we filled out the gov.uk forms wrong

Richard, did you go from 12% to 20% ?!