UKGroßbritannienVAT Flat Rate Scheme (FRS)Business

UK VAT Flat Rate Scheme (FRS) vs. Standard VAT Calculator

Calculate your VAT payable under the HMRC Flat Rate Scheme (pay a fixed percentage of gross turnover while charging standard 20% VAT to clients) and compare savings against standard VAT accounting.

Eingabedaten

Echtzeit-Berechnung
£
Schnellauswahl:
Berechnetes ErgebnisVAT Flat Rate Scheme (FRS)

Total Flat Rate VAT Paid to HMRC

£14,280

Flat Rate Scheme Financial Surplus / Profit Retained

£2,720

Standard 20% VAT Collected from Clients

£17,000

Detaillierte Berechnungsübersicht

Gross Invoiced Sales
£102,000
VAT Paid to HMRC
£14,280
FRS Retained Profit
£2,720

Berechnungsmethodik

Gross Invoiced Revenue (incl 20% VAT) = Net Sales * 1.20. Flat Rate VAT Due = Gross Revenue * (Flat Rate% / 100). Net VAT Retained / Saved = (Net Sales * 0.20) - Flat Rate VAT Due.

Wichtiger rechtlicher Hinweis

Businesses spend less than 2% of turnover or £1,000/yr on goods are classified as 'limited cost business' and must apply the 16.5% flat rate. A 1% discount applies in the first year of VAT registration.

Dieser Rechner dient ausschließlich Informations- und Bildungszwecken. Die Ergebnisse stellen keine verbindliche Finanz-, Steuer- oder Rechtsberatung dar.

Häufig gestellte Fragen

Generally no. FRS traders cannot reclaim VAT on daily operating expenses, except on single capital asset purchases costing £2,000 or more.
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