When first starting out in contracting there are a number of things to consider, one of which is how you account for VAT and whether to use the Flat Rate VAT Scheme (FRS). But what actually is FRS, what are your options and how does it ultimately affect your take home pay? The following guide is written to help you answer those questions.
We show you just how easy it is to use our cloud-based portal
Watch our video to see how easy it is to update and view your records 24/7 on our cloud-based portal. See how this information is brought together so your Personal Intouch Accountant can create your accounts.