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10 February 2015
Flat rate VAT; Gifted house; Japanese remittance; Very appealing
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Flat rate VAT
Determining the correct VAT flat rate for vehicle painting and repairs
We act for a client who sprays second hand vans and trucks. This amounts to about half of his work. He also repairs dents in similar vehicles which comprises the rest of his work.
The VAT flat rate category for “other services” is 12% whereas that for repairing vehicles is 8.5%. Do readers have opinions on our client’s circumstances and the appropriate rate to be used? We...
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