VAT accounting schemes: revised notices

HMRC has published revised versions of several VAT Notices outlining alternatives to standard VAT accounting. They are:

• Notice 727: Retail schemes
• Notice 727/3: Retail schemes: how to work the point of sale scheme
• Notice 727/4: Retail schemes: how to work the apportionment scheme
• Notice 727/5: Retail Schemes: how to work the direct calculation schemes
• Notice 731: Cash Accounting
• Notice 733: Flat Rate Scheme for small businesses

Notice 60: Intrastat general guide has also been updated.