Bed and Breakfast Business VAT Calculator
B&B VAT Ready Reckoner !
This calculator is designed to find out if the new Flat Rate VAT Scheme
The new scheme was introduced to allow businesses to pay a fixed percentage of turnover to Customs & Exise - eliminating th eneed to calculate all the input and output VAT.
We discovered that it suits B&B Businesses and most Restaurants to move to the FLat Rate Scheme if bar sales are greater than food sales !
Watch the video to see how to use the calculator - then click here