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Hi Blakey,
Thanks for your reply. That's yet another thing I hadn't thought about. Actually the cafe side of things would probably benefit from not being in the flat-rate scheme to begin with anyway, until all the initial investment is over.
Thanks for the post!
Hello, I've read several opposing opinions on this, so am looking for a few more (substantiated) opinions, please!
Current situation: My limited co has been trading successfully for 3 years. Sector: IT consultancy. VAT: Flat rate scheme (14.5%). Currently with 'spare' cash sitting in company...