So, what's in the PBR then?

[TheFaQQer]

Edited to remove complete tosh...

http://www.hmrc.gov.uk/vat/start/sch...at-rate.htm#5a

So, if you were on 11.5% and move back onto 13%, then you are marginally better off

[kryten22uk]

Woohoo, mine is back to 10.5%, so i'm better off too.

[Jeebo72]

Woohoo, mine is back to 10.5%, so i'm better off too.

What you do?

Laundry or dry-cleaning services??????? ;-)

[Andy2]

What you do?

Laundry or dry-cleaning services??????? ;-)

probably money laundering

[TheFaQQer]

What you do?

Laundry or dry-cleaning services??????? ;-)

I'd guess "Business services that are not listed elsewhere"

[kryten22uk]

What you do?

Laundry or dry-cleaning services??????? ;-)

Other Business Services not listed elsewhere. Very catchy.

[Sally BFCA]

Anything in the PBR yet about possibly levying Employer’s NICs on dividends, especially for us put-upon small businesses?

No, there was nothing.
On a positive note, they have left contractors alone...again, for the time being.

The full report can be downloaded from our website.

[conned tractor]

Assuming the flat rate scheme make things simpler by estimating what a business of your type take in VAT against what it should typically recover, thus applying a fixed percentage, then:

Why do

Computer and IT consultancy or data processing = 11.5

and

Secretarial services = 9.5


As i'm sure a lot of you are glorified secretaries really, is anyone willing to reclass themselves as a secretary for the 2% extra wedge?





PS: I know the answer really; typical costs/ typical rates of pay(total turnover).