Vinted Tax Rules UK
Do you sell your unwanted clothes or household items on Vinted? If so, you might be wondering whether you’re doing it as a hobby, or whether HMRC would consider you a business (a trader). The difference really matters — especially when it comes to tax. You might also have noticed that Vinted sometimes asks for […]
Flat Rate Scheme
[et_pb_section fb_built=”1″ _builder_version=”4.27.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Text” _builder_version=”4.27.2″ _module_preset=”default” global_colors_info=”{}”] VAT – Flat Rate Scheme What is it? VAT is calculated as a difference between VAT from sales (output VAT) and VAT from purchases (input VAT). Sometimes a person has a refund of VAT, but many times owes […]