Hi
My client does about £100k turnover and the Flat rate scheme (FRA) is very financially beneficial to him.
Of the £100k he does about £500 CIS work so moving off the FRS to accommodate the Domestic Reverse Charge (DRC) on a couple of invoices a year makes no sense.
Is there not a way to produce a DRC invoice that is excluded from the VAT calculation?
Jeff Neil
