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Check your Flat Rate Scheme rate

Enter your VAT registration date to see your rate today and the day the 1% first-year discount ends.

The date on your VAT registration certificate.
Are you a limited cost business?

Limited cost business

You're a limited cost business for a VAT period when your spend on goods is less than 2% of your VAT-inclusive turnover, or less than £1,000 a year (£250 a quarter), whichever is greater. Goods are things you buy to sell on or use up; services, capital assets, vehicles, fuel, and food and drink for staff don't count.

The limited-cost test, in full
Your trade's percentage from HMRC's list of flat rates, between 4% and 14.5%.

HMRC's list of flat rates

The books your accountant can check

Settledge keeps the expenses, receipts and bank lines of a UK limited company, with the VAT working shown. Books are stored in the UK.

What Settledge does