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flat rate scheme eligibility Post Review

How to pay less VAT? Check your eligibility for Flat Rate Scheme:

Hi all, As you requested a link to the recording, you can find this on our Facebook page now: We hope you enjoy the recording!Thanks,Alliance MBS

Thanks very much. Enjoyed Prof Rubery’s presentation. Here in Australia our “JobKeeper” scheme is a flat rate. Lots of contestation though about eligibility and employers who demand more hours from workers who were previously being paid lower than the flat rate.

By all means use the #vat Flat Rate Scheme, but do check the eligibility conditions carefully first.

Update TWSS With the introduction of the Employment Wage Subsidy Scheme (EWSS), the Government will deliver an enterprise support to employers based on business eligibility delivering a per-head subsidy on a flat rate basis.

You are right.I'd jack up SSP to av furlough payment. Make furlough (& SEIS) flat rate at that level. And taper that av rate over time.Also, streamline & standardise eligibility/conditionality for all schemes to just be COVID related - for economic, social or health reasons.

Most casualised staff couldn't afford the contributions even if the scheme were open. Casualised staff understand that the degradation of working conditions of permanent staff are "trickle down," and also, aspire to permanent posts themselves.

It is not set in stone that USS must have a flat rate of member contribution. Union members could call for a progressive rate, as in the case of TPS, in order to make the scheme affordable to the lowest paid, whose eligibility for USS they could also advocate.

@HMRCbusiness when submitting online vat return I would like to make use of 13.5% for first year. Can I just make this calculation myself?

You'll need to meet the Flat Rate Scheme eligibility requirements as laid out in 2/2 ^SS