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Flat rate scheme Vat

Flat rate scheme Vat

Can we register a client voluntary for Vat who is below the turnover and then use the Flat rate scheme?

We can see no reason why not.

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By merlyn
27th Nov 2012 17:32

Yes you can

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27th Nov 2012 18:58

sounds like it

If the client is below the VAT registration threshold, then they are well below the flat rate turnover limit.

If one of your reasons for VAT registration is to reclaim input VAT, then I assume you are happy with the VAT payable under the scheme, ie compared to the output VAT less input VAT claimed under standard VAT accounting.

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