This Content Was Last Updated on January 9, 2016 by
A table of the new VAT flat rates applicable from 1 January is at:
For our PSC clients the important ones are:
Any other activity not listed elsewhere 10.5% (from 9%)
Business services not listed elsewhere 10.5% (from 9.5%)
Computer repair services 9.5% (from 10%)
Financial services 12% (from 10.5%)
Management consultancy 12.5% (from 11%)
Computer and IT consultancy or data processing 13% (from 11.5%)
Some have increasd, some decreased and some are static.
Remember there is a 1% discount in the first year of registration.