Optimization Frictions in the Choice of the UK Flat Rate Scheme of VAT
Optimization Frictions in the Choice of the UK Flat Rate Scheme of VAT
复制标题
英国增值税统一费率方案选择中的优化摩擦
DOI：
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发表时间：
2014
期刊：
影响因子：
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通讯作者：
Mohammad Vesal
中科院分区：
文献类型：
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作者：
Mohammad Vesal
英国增值税为小型企业提供可选的统一税率计划（FRS），以降低合规成本。FRS用流转税取代增值税，为一些交易者创造了节税的机会。使用2004-05和2010-11财政年度之间的增值税申报表，我发现26%的合格增值税交易员从FRS中获益，但只有3%的人随后加入了该计划。尽管财务报告准则的收益具有很高的持久性和不可忽视的规模，但情况仍然如此。在接下来的一年中继续缴纳增值税的FRS获得者有70%的可能性成为FRS获得者，并且中位数获得者在加入后继续节省10%的增值税。我使用增值税登记日期和贸易商的注册邮政编码区来显示较晚注册的贸易商和那些在高FRS地区注册的贸易商更有可能加入FRS。这些模式有利于广泛定义的信息摩擦作为加入FRS的潜在障碍。
UK VAT offers an optional Flat Rate Scheme (FRS) for small businesses to reduce compliance costs. FRS replaces VAT with a turnover tax and creates tax saving opportunities for some traders. Using the universe of VAT returns between 2004-05 and 2010-11 financial years I find 26 percent of eligible VAT traders gain from FRS but only 3 percent join the scheme subsequently. This is despite high persistence and non-negligible size of FRS gains. FRS gainers who remain on VAT in the following year, have 70 percent probability of being an FRS gainer and the median gainer continue to save 10 percent on VAT payments upon joining. I use date of VAT registration and registered postcode district of traders to show traders registering later and those registering in high FRS regions are more likely to join FRS. These patterns favor broadly defined information frictions as potential hurdles for joining FRS.
DOI：
10.1093/qje/qjr013
发表时间：
2011-05-01
期刊：
The quarterly journal of economics
影响因子：
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作者：
Chetty R;Friedman JN;Olsen T;Pistaferri L
通讯作者：
Pistaferri L