Also, if you don't have that much external expenditure; then you can sign up for... | Hacker News

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		majc2 on Oct 19, 2013 \| parent \| context \| favorite \| on: Poll: Freelance developers in London, how much do ... Also, if you don't have that much external expenditure; then you can sign up for the flat rate scheme, which for tech essentially gives your income a boost of 4% for free.

jiggy2011 on Oct 19, 2013 [–]

But at the cost of having to raise your rates by 20% without seeing any of that.

ronaldx on Oct 19, 2013 | [–]

Profitable corporations would see VAT as adding 0 cost, since they would otherwise have to pay the same amount directly to HMRC.

It depends who your customers are.

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