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New VAT leaflets

January 28, 2011

You will be aware that the standard rate of VAT increased to 20% on 4 January 2011, but did you know about the knock–on effects on VAT retail and small business schemes? If you use a VAT retail or small business scheme, make sure you refer to the latest VAT leaflet for the scheme you use.

VAT notice 733: Flat rate scheme

http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_CL_000345&propertyType=document