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VAT FLAT RATE SCHEME

Flat Rate VAT calculator

Compare VAT collected with the Flat Rate Scheme payment.

Estimated result

£17,400
Rate used
14.5%
VAT charged
£20,000
Difference retained before input VAT
£2,600
Limited cost test
Sector rate

Relevant goods have a restricted definition. Turnover eligibility and capital-asset input VAT are not determined here.

SOURCES & REVIEW

Checked against official guidance

Last checked 14 July 2026 · Rule version GB-2026.27.1

GOV.UK: VAT Flat Rate Scheme

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COMMON QUESTIONS

Frequently asked questions

Is this an exact quote or tax return?

No. It is an estimate based on the inputs and assumptions shown.

When was this checked?

The method and linked official guidance were reviewed for the current UK release.

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