Has Gordon dropped a clanger?

[Maxamus]

its paying corp tax on your bit of the flat rate vat that pisses me off!
That should be excempt!

[rawly]

I did say a 'saving on VAT' - it obviously wasn't in relation to gross income I do understand where your % comes from, however. The main point of this discussionm remember, was that there was a guy further up who seemed to think you only got it for IT software sales or whatever. He must be pretty miffed then he's been missing out on a 2.4-3.4%(overall) saving!

As I don't work as an 'IT Contractor', I'm not sure what category I'll fall into yet. I'm hoping for the 9% or 10% one !!!!

[Mickmanus]

its paying corp tax on your bit of the flat rate vat that pisses me off!
That should be excempt!

Yes it bloody should be