Flat rate scheme revelations by Neil Warren
Neil Warren has been to see HMRC about issues with the flat rate scheme, along with colleague Mike Thexton. Some members will have caught his detailed study in an article in Taxation magazine dated 12 March 2009. Here, Neil provides a summary of one key issue for AccountingWEB.co.uk members.
A number of weeks ago, I wrote a feature for Accounting Web about important points to consider in relation to the flat rate scheme (FRS).