I know this question has been dealt with a few times but for me it still is not definitive.
Flat rate VAT
Having perused HMRC's list of flat rate VAT there is no specific mention of "business transfer agents" nor of "consultancy services" .
Hope you all well
My question is leaving flat rate VAT:
Client is a one man band company whose role is project management of earth moving, landscaping, groundworks type work.
The role is quite varied and he is involved in the following:
Music conductor client performs in France and USA , is the former which would fall under the reverse charge provisions outside the scope of VAT for the flat rate scheme as is USA clearly is
The flat rate scheme for VAT continues to cause problems for accountants and advisers, according to VAT experts.
An individual registered on the flat rate VAT scheme transfers the business as a going concern to a new ltd company.
I have a VAT registered client who wants to become Ltd - currently a sole trader.