Lee Richards

Thanks - It seems as though the sales may fall into two categories. Our regular programs at 12% and our holiday day camps at 0% given how they are constituted to contain a significant amount of childcare. I will try that and see how it goes. Thanks.

Hi, I need help determining the appropriate flat rate of VAT for my business. I own a single location of a franchise that provides kids with a face to face coding education. We are Ofsted registered and accept tax-free childcare payments and vouchers. There are basically three products/slash services available to consumers. 1. Customers can pay a monthly subscription for their kid(s) to attend the centre for one or two sessions per week. 2. All subscribers are required to pay a one-off set up fee. 3. Some customers can also purchase school holiday day camps. I am self employed. The business has three staff members. I did pay standard rate VAT for the first ten months. I deregistered since the start of 2023 as turnover was below VAT threshold and all major purchasing required was completed. Turnover is now anticipated to be over 85K for the trailing 12 months within a few months. I suspect that the business fits into a flat rate category but I don't know which one. Any advice would be appreciated.