FRS

(redirected from Flat Rate Scheme)
AcronymDefinition
FRSFamily Radio Service (US citizens band personal radio service)
FRSFisheries Research Services (Aberdeen, Scotland)
FRSFinancial Reporting Standard (UK Accounting Standards Board)
FRSFlorida Retirement System
FRSFemale Reproductive System
FRSForum des Républicains Sociaux (French: Forum of Social Republicans)
FRSFile Replication Service (Microsoft Windows)
FRSFellow of the Royal Society
FRSFire and Rescue Service
FRSFondation pour la Recherche Stratégique (French: Foundation for Strategic Research)
FRSFederal Relay Service
FRSFacility Registry System (EPA)
FRSFederal Reserve System
FRSFunctional Requirements Specification
FRSFonds de Réaménagement du Spectre (French: Redevelopment Fund Spectrum)
FRSFoundation for Rural Service
FRSFrame Relay Service
FRSFile Replication Service
FRSFamily Radio Service
FRSFont Resource
FRSFacility Registry System
FRSFile Replication System
FRSFrame Rate Scheduler
FRSFacial Recognition System
FRSFinancial Reporting System
FRSFleet Replacement Squadron
FRSFinancial Risk Solutions (various locations)
FRSFlat Rate Scheme (UK)
FRSFree Radical Scavenger (energy beverage)
FRSFaculty Research Seminar (various locations)
FRSFrontier Research System (est. 1986; Japan)
FRSFunctional Rating Scale
FRSFrame Relay Switch (Sprint)
FRSFire Research Station (UK)
FRSForward Repair System (US Army)
FRSWordPerfect Graphics Driver (file name extension)
FRSFleet Readiness Squadron
FRSFamily Reconciliation Services
FRSFinancial & Retail Services
FRSFace-Recognition Software
FRSFisher-Rosemount Systems (various locations)
FRSFreely Redistributable Software
FRSFirst Responder Service (LeadsOnline)
FRSFlores, Guatemala - Flores (Airport Code)
FRSFirefighters' Retirement System
FRSFlexible Route Selection
FRSFiltered Rayleigh Scattering
FRSFigure Rating Scale
FRSFormal Reporting System
FRSForum of Social Republicans (now Christian Democratic Party; France)
FRSFund Raising System (software)
FRSFoundation Routing and Switching (Cisco)
FRSFederal Response Subcommittee (US FEMA)
FRSForce Républicaine de Sécurité (French: Republican Security Force; Madagascar)
FRSFlorida Red Scale (house plants)
FRSFacility Record Sheet
FRSForce Retaliation Squad (gaming clan)
FRSFax Recovery Systems, Inc
FRSFfestiniog Railway Society (Harbour Station, Porthmadog, Gwynedd, United Kingdom)
FRSFrame Knowledge Representation System
FRSForward Recoil Scattering
FRSFluid Routing Solutions, Inc.
FRSFeedback Research Services
FRSFault Repair Signal
FRSFundamental Reference System (ITU-T)
FRSFunctional Requirements Summary
FRSFleet Repair Service
FRSFirst Repository States
FRSFocus Rallye Sport
FRSForward Repair Ship
FRSFirst return stroke
FRSFailure Reporting System
FRSFinancial Recovery Service, Inc.
FRSFOMIS Requirements Statement
FRSFactory Required Service
FRSFully Responsive System
FRSFamily Rating Scale
References in periodicals archive ?
A bad thing, in my view, is the removal of the flat rate scheme for VAT which allowed smaller companies to make a calculation based on turnover.
It is high time that the government declares war against corruption," he said, a war which, according to him, requires "fight against tax evasion and parallel economy and rationalisation of resort to the flat rate scheme for some categories of liberal professions.
Although changes to the basic state pension in April 2016 will see the introduction of flat rate scheme said to be worth PS144 per week, this is still insufficient for many of us.
Persons subject to the flat rate scheme who report their income for three consecutive years will be subjected to an automatic tax revision, according to the text of the draft Finance Act 2014.
These include a flat rate scheme where you only pay VAT on a flat percentage of your turnover (but you can't reclaim VAT on your purchases); retail schemes that allow VAT to be claimed on purchases linked to making VATable supplies while only accounting for VAT on sales on the basis of cash received; and cash accounting which means that you only pay (or reclaim) VAT on monies actually paid rather than due--great for cashflow and instant relief on VAT should you get a bad debt.
HM Revenue and Customs has issued new rates for businesses using the flat rate scheme which will need to be applied from January 4, 2011.
Under the flat rate scheme a business calculates its VAT liability as a fixed percentage of its turnover.
It has decided to refer a case concerning the VAT flat rate scheme for farmers in Portugal, which does not comply with the provisions of the VAT Directive (77/388/EEC), to the Court of Justice.
The concern surrounds the flat rate scheme where businesses with sales of less than pounds 150,000 can account for VAT at a designated percentage of their turnover.
He will know that the Romanians are struggling with their IT software and may find the Commission makes the precautionary 25% deduction, agreed when Romania joined the EU, from the money for the Romanian farmers first payments under a simplified flat rate scheme - a pre-emptive strike, which will commend itself to the President.
The new range of geographic numbers covers more than 190 UK dialling codes and they will be leased on a flat rate scheme with pricing set at GBP2 per month.
ABOUT 75,000 small firms with an annual taxable turnover of up to pounds 150,000 can now benefit by signing up to the VAT Flat Rate Scheme after changes in the Chancellor's pre-budget report.