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	<title>Contractor Accountants &#187; VAT</title>
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	<description>Expert advice for UK contractors</description>
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		<title>Is the UK tax system too complex?</title>
		<link>http://www.contractoraccountants.com/2010/05/04/is-the-uk-tax-system-too-complex/</link>
		<comments>http://www.contractoraccountants.com/2010/05/04/is-the-uk-tax-system-too-complex/#comments</comments>
		<pubDate>Tue, 04 May 2010 07:39:58 +0000</pubDate>
		<dc:creator>Contractor Accountants</dc:creator>
				<category><![CDATA[contractor faqs]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[PAYE]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[Contractor accountants]]></category>
		<category><![CDATA[corporation tax]]></category>
		<category><![CDATA[online accountants]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[SMEs]]></category>
		<category><![CDATA[tax system]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=1632</guid>
		<description><![CDATA[According to the results of a new survey by Sage, the UK tax system needs to be radically simplified. This is the view of over 2,000 self employed contractors and small companies who took part in the survey in March 2010. ]]></description>
		<wfw:commentRss>http://www.contractoraccountants.com/2010/05/04/is-the-uk-tax-system-too-complex/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Time to think seriously about the VAT deadline</title>
		<link>http://www.contractoraccountants.com/2010/03/24/time-to-think-seriously-about-the-vat-deadline/</link>
		<comments>http://www.contractoraccountants.com/2010/03/24/time-to-think-seriously-about-the-vat-deadline/#comments</comments>
		<pubDate>Wed, 24 Mar 2010 08:19:43 +0000</pubDate>
		<dc:creator>Contractor Accountants</dc:creator>
				<category><![CDATA[flat rate vat scheme]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[cheque payments]]></category>
		<category><![CDATA[deadline]]></category>
		<category><![CDATA[Online accountant]]></category>
		<category><![CDATA[online filing]]></category>
		<category><![CDATA[vat payments]]></category>
		<category><![CDATA[vat return]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=1380</guid>
		<description><![CDATA[The deadline for online VAT returns is drawing close. As from April 1st this year, it becomes mandatory to file online.]]></description>
		<wfw:commentRss>http://www.contractoraccountants.com/2010/03/24/time-to-think-seriously-about-the-vat-deadline/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Good accountants are FREE</title>
		<link>http://www.contractoraccountants.com/2010/02/05/good-accountants-are-free/</link>
		<comments>http://www.contractoraccountants.com/2010/02/05/good-accountants-are-free/#comments</comments>
		<pubDate>Fri, 05 Feb 2010 08:10:45 +0000</pubDate>
		<dc:creator>Alan Watts</dc:creator>
				<category><![CDATA[alan's blog]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[Contractor accountants]]></category>
		<category><![CDATA[self assessment]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=996</guid>
		<description><![CDATA[Once again I’ve got embroiled in the argument about what is a good price to pay for an accountant’s services. Let’s face it, there isn’t a lot of bookkeeping to be done with the typical nano-business and people begrudge laying out hard earned income to a third party when they can see no need to do so.]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Will the Flat Rate Vat Scheme change in 2010?</title>
		<link>http://www.contractoraccountants.com/2009/12/23/will-the-flat-rate-vat-scheme-change-in-2010/</link>
		<comments>http://www.contractoraccountants.com/2009/12/23/will-the-flat-rate-vat-scheme-change-in-2010/#comments</comments>
		<pubDate>Wed, 23 Dec 2009 11:07:10 +0000</pubDate>
		<dc:creator>Contractor Accountants</dc:creator>
				<category><![CDATA[flat rate vat scheme]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[flat rate vat]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=679</guid>
		<description><![CDATA[For many contractors, the Flat Rate VAT (FRV) Scheme provides a simple and often lucrative alternative to accounting for VAT using standard VAT accounting principles. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Pre Budget Report 2009 &#8211; crystal ball set of predictions for contractors</title>
		<link>http://www.contractoraccountants.com/2009/11/25/pre-budget-report-2009-crystal-ball-set-of-predictions-for-contractors/</link>
		<comments>http://www.contractoraccountants.com/2009/11/25/pre-budget-report-2009-crystal-ball-set-of-predictions-for-contractors/#comments</comments>
		<pubDate>Wed, 25 Nov 2009 13:05:30 +0000</pubDate>
		<dc:creator>Derek Kelly</dc:creator>
				<category><![CDATA[flat rate vat scheme]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[umbrella companies]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[IR35]]></category>
		<category><![CDATA[nic]]></category>
		<category><![CDATA[pre budget report]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=447</guid>
		<description><![CDATA[With the PBR set for 9 December, it will be interesting to see what changes the Chancellor makes to help struggling contractors, operating either via their own limited company or through umbrella  companies.]]></description>
		<wfw:commentRss>http://www.contractoraccountants.com/2009/11/25/pre-budget-report-2009-crystal-ball-set-of-predictions-for-contractors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>When should I register my contractor limited company for VAT?</title>
		<link>http://www.contractoraccountants.com/2009/11/12/when-should-i-register-my-contractor-limited-company-for-vat/</link>
		<comments>http://www.contractoraccountants.com/2009/11/12/when-should-i-register-my-contractor-limited-company-for-vat/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 12:09:43 +0000</pubDate>
		<dc:creator>Alan Watts</dc:creator>
				<category><![CDATA[flat rate vat scheme]]></category>
		<category><![CDATA[set up a company]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[flat rate vat]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=301</guid>
		<description><![CDATA[It is a legal requirement that if you are trading as a business you have to register for VAT as soon as your turnover exceeds £68,000 (from 2009 – the threshold is periodically reviewed). This is based on turnover in any given trading year, not your profit; as soon as you have raised invoices in excess of the threshold you must register.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>I want to close down my contractor limited company</title>
		<link>http://www.contractoraccountants.com/2009/11/12/i-want-to-close-down-my-contractor-limited-company/</link>
		<comments>http://www.contractoraccountants.com/2009/11/12/i-want-to-close-down-my-contractor-limited-company/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 11:06:02 +0000</pubDate>
		<dc:creator>Alan Watts</dc:creator>
				<category><![CDATA[closing a company]]></category>
		<category><![CDATA[esc16]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[companies house]]></category>
		<category><![CDATA[corporation tax]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=280</guid>
		<description><![CDATA[If for any reason you want to close down your limited company, there are a number of things you have to do. The full details can be found on the Companies House website but the basic process for the average freelancer’s small business is as follows.]]></description>
		<wfw:commentRss>http://www.contractoraccountants.com/2009/11/12/i-want-to-close-down-my-contractor-limited-company/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The flat rate vat scheme for freelance contractors</title>
		<link>http://www.contractoraccountants.com/2009/11/03/the-flat-rate-vat-scheme-for-freelance-contractors/</link>
		<comments>http://www.contractoraccountants.com/2009/11/03/the-flat-rate-vat-scheme-for-freelance-contractors/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 12:12:34 +0000</pubDate>
		<dc:creator>Alan Watts</dc:creator>
				<category><![CDATA[flat rate vat scheme]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[flat rate vat]]></category>
		<category><![CDATA[hmrc]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=233</guid>
		<description><![CDATA[In 2002, HMRC introduced the Flat Rate Scheme (FRS) for small businesses. Its primary aim is to greatly simplify the calculation of VAT by removing the need to account for VAT on all the items that pass through your business and so improve both accuracy and compliance.]]></description>
		<wfw:commentRss>http://www.contractoraccountants.com/2009/11/03/the-flat-rate-vat-scheme-for-freelance-contractors/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What all freelance contractors should know about VAT</title>
		<link>http://www.contractoraccountants.com/2009/11/03/what-all-freelance-contractors-should-know-about-vat/</link>
		<comments>http://www.contractoraccountants.com/2009/11/03/what-all-freelance-contractors-should-know-about-vat/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 12:02:53 +0000</pubDate>
		<dc:creator>Alan Watts</dc:creator>
				<category><![CDATA[flat rate vat scheme]]></category>
		<category><![CDATA[VAT]]></category>
		<category><![CDATA[flat rate vat]]></category>
		<category><![CDATA[hmrc]]></category>

		<guid isPermaLink="false">http://www.contractoraccountants.com/?p=226</guid>
		<description><![CDATA[Value Added Tax is a tax levied on the supply of goods and services. It is applied at each stage of the supply chain. There are several rates, which are set annually in the budget, ranging from the main headline rate (15% at the time of writing but returning to 17.5% in January 2010) down to zero. Some goods, such as food and children’s clothing, are exempt.]]></description>
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		<slash:comments>1</slash:comments>
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