13% VAT for HairDressing Company

Support
1

as a hairdressing company I need to charge 13% on sales, how can I do this please?

2

Are you on the flat rate VAT scheme? You can’t charge 13% VAT in the UK as it’s not a standard rate.

If however you are on the flat rate scheme, you charge the full 20% and only pay 13%

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3

You’ll find a general guide on how QuickFile handles flat rate here:

http://help.quickfile.co.uk/main/1/flat_rate_vat.htm

But you need to mark up your invoices with the standard rate, then you just pay your agreed flat rate percentage (13%) on your VATable sales turnover to HMRC.

4

Hello, the VAT rate for services is 20% on your sales, not 13%. You probably are on the Flat Rate Sheme of VAT. This means that although your customers still pay 20% VAT, you only have to pay 13% VAT to HMRC on your GROSS turnover figures. You cannot claim back VAT on purchases and expenses.

The only VAT you can claim back is on your investments (assets) from £2000 and over. If you need further information just let us know.