VAT Flat rate % for web-designer

VAT Flat rate % for web-designer

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Hello
I'm looking at flat rate for web-designer and domain name registrar.
From the list the first one stood out was "Computer and IT consultancy or data processing" 14.5%. But the business does not consult on IT and doesn't process data as such.
So we're looking at "Not elsewhere listed" 12%.
Does anyone know if the "IT" one would include this?
Thanks very much for your help.

Replies (5)

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Man of Kent
By Kent accountant
09th Mar 2012 14:25

How about...

Advertising? 11%, with first year allowance makes it 10%.

If you don't think that's close enough, play save and go for 12% - any other activities.

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Replying to business support:
By Tonykelly
12th Mar 2012 10:56

computer consultancy

Kent accountant wrote:

Advertising? 11%, with first year allowance makes it 10%.

I had a client in a similar position and they also wanted to use the advertising rate. They explained to me that their customers were using the websites as an advertising tool. I explained that the flat rate is based from the perspective of the business itself.

I agree with the comments above that computer consultancy is the closest match.

 

 

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By JCresswellTax
09th Mar 2012 14:27

IT Consultancy

You are supposed to choose the sector that fits closest to the business.

I cannot see this being anything other than computer consultancy.

 

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By Steve Holloway
09th Mar 2012 14:49

Me neither ....

I have numerous type people and they are all in the IT consultancy bracket. Computer consultants are nearly all software oriented nowadays so really not much different to a web designer.

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avatar
By Roland195
12th Mar 2012 11:22

My favourite Hobby Horse

If you ask your average web designer if they think their work is akin to a computer consultant I doubt you would get many that agree. I also use a computer in my work but I am certainly not an IT consultant (although the rates are the same).

In fact, I don't disagree with the conclusions reached but it seems to me that for the Flat Rate Scheme, it is what the business man in the street thinks that matters. If that man happens to think a web designers work is more like advertising than IT consulting then that is his right under the Flat Rate Scheme.

I suspect it may be because HMRC designed the scheme to be simple to operate that we accountants find it so difficult. Why the don't expand the list to include more common businesses escapes me.

 

 

 

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