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Application to Join the Flat Rate Scheme HM Revenue & Customs Hmrc Gov Form

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hello and welcome to this HM Revenue & Customs webinar v80 accounting schemes the basics if you run a small business accounting for v80 could be a big part of its operation so it might help to know about the different v80 accounting schemes available as choosing a suitable one could save you time and effort there are quite a few schemes some of which you can use in combination but during this presentation we'll be having a look at the three most popular v80 accounting schemes the annual accounting scheme the cash accounting scheme and the flat rate scheme I'll start the presentation with a reminder of how standard v80 accounting works if you use standard v80 accounting you'll pay v80 on any invoices you've issued even if you haven't received the payment from your customer and you'll reclaim v80 on any invoices you've received even if you haven't yet paid your supplier v80 is charged at the appropriate rate when a v80 registered business sells to either another business or to a non-busi

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