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VAT

The VAT Flat Rate Scheme: Could It Save Your Business Money?

25 May 2026 by James Leave a Comment

Business owner reviewing VAT figures on a laptop, considering the VAT Flat Rate Scheme

Once you’re VAT registered, you’ll need to decide how to account for VAT. For many small businesses, the VAT Flat Rate Scheme (FRS) can significantly reduce the time spent on VAT … [Read more...] about The VAT Flat Rate Scheme: Could It Save Your Business Money?

Filed Under: VAT Tagged With: East Lothian, Edinburgh, HMRC, Scotland, self employed, sole trader, tax tips, VAT

Do I Need to Register for VAT?

23 May 2026 by James Leave a Comment

VAT registration is one of those topics that confuses a lot of sole traders and small business owners. When do you have to register? Is it ever worth registering voluntarily? And what happens if you … [Read more...] about Do I Need to Register for VAT?

Filed Under: VAT Tagged With: East Lothian, Edinburgh, HMRC, Scotland, self employed, small business, sole trader, tax planning, VAT

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