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bigduckontax, Accountant
Category: Tax
Satisfied Customers: 4808
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Sam. VAT compliance - in getting the asked , Ive

Customer Question

Hi Sam. VAT compliance - in getting the asked for info, Ive realised to my horror that Ive been using Net, not gross, on the flat rate scheme. For 10 years!
Submitted: 2 years ago.
Category: Tax
Expert:  bigduckontax replied 2 years ago.
Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question. The solution is simple, merely put the correction through your next quarterly return and pay the tax due. I do hope that you find my reply of assistance.