Reduced VAT for Contractors | AccountingWEB

Reduced VAT for Contractors

 I have been approached by an IT contractor who told me that his colleagues say that with a limited company under IR35 he can reduce the amount of VAT he has to pay over to HMRC by 2%. Does anyone know what he is talking about?

There are 3 comments. Login or register to view them.

Flat rate scheme?

Euan MacLennan |
Euan MacLennan's picture

That must be it

sebo |


neileg |