Can you register my company for the VAT Flat Rate Scheme?

We can register your company for the Flat Rate scheme if eligible. Check here to see if your company meets the criteria. If eligible, please place an order for the VAT Registration Assistance service. We will then email you the application form to complete. Please clearly indicate that you would like to be registered for the flat rate scheme within the application. Otherwise, your company will be registered for the standard rate by default.

The VAT flat rate scheme is an alternative way for small businesses to work out how much VAT to pay to HMRC each quarter. With this scheme you pay a fixed rate of VAT to HMRC of your VAT inclusive turnover. The actual percentage you use depends on your type of business. Check here for the percentage.

You keep the difference between what you charge your customers and pay to HMRC but you can’t reclaim the VAT on your purchases - except for certain capital assets over £2000. To join the scheme your VAT turnover must be £150,000 or less (excluding VAT).