herreforuk
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VAT Flat rate scheme for dropshipping
Hi, we are a UK LTD that does dropshipping. We buy products from China and they are shipped directly to our UK customers from China. The value of the products is below £135. We would like to register for the Flat rate scheme and are wondering which percentage and type of business is the correct one to choose? Is it 'retailing not listed elsewhere: 7.5%' ?