VAT registration and Flat Rate Scheme calculator
Check taxable turnover against the VAT registration threshold and model a Flat Rate Scheme payment using VAT-inclusive turnover.
How the VAT registration & FRS estimate works
This checker compares taxable turnover with the VAT registration threshold and illustrates Flat Rate Scheme VAT using the selected sector rate. It separately tests the limited-cost business percentage and first-year discount.
Rules checked
Read the checking method
What the result includes
- Rolling taxable-turnover threshold comparison
- Entered Flat Rate Scheme percentage
- Limited-cost business and first-year-rate adjustments
What to have ready
- Taxable turnover for each rolling 12-month period
- Expected next-30-day taxable turnover
- VAT-inclusive receipts and relevant-goods costs for the FRS test
Questions about VAT registration & FRS
Does the VAT threshold follow the accounting year?
The historic test normally looks at a rolling 12-month period, while a separate forward-looking test can apply to the next 30 days alone.
Is the Flat Rate percentage applied to net sales?
The scheme percentage is generally applied to VAT-inclusive turnover. Limited-cost businesses may need a 16.5% rate.
About this estimate
Turnover must be tested on a rolling basis. Group registration, overseas supplies, exempt income, capital goods, limited-cost status and sector classifications can change the outcome.