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Flat Rate VAT Scheme for Advertising Companies?

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Hi there,

Just a quick one on this, was reading around flat rate schemes, and noticed that advertising costs/services are excluded from being as relevant goods for limited cost traders

So what kind of purchases/spend would an advertising company that spends most money on ads need in order to meet this requirement?

Or was limited cost traders designed to exclude certain industry from benefiting flat rate schemes?

Thanks

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RLI
By lionofludesch
08th May 2020 06:23

Indeed they are.

The weird one for me is garages.

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