VAT Calculator: Flat Rate Scheme (FRS)

Would you benefit from the VAT Flat Rate Scheme?

First, choose your business type

Check last year's VAT return for these amounts

VAT on sales

VAT paid/reclaimed

Sales excluding VAT

Optional fields

Total exempt sales

VAT on capital assets

Is the Flat Rate Scheme best for me?

Disclaimer. We have made every attempt to make sure that the calculations are correct but FreeAgent Central Ltd cannot be held responsible for incorrect output from this calculator or for the outcome of any decisions you make as a result of using it. Full terms and conditions.

What is the VAT FRS?

The VAT flat rate scheme is designed to make bookkeeping simpler for small businesses by letting you apply a flat rate percentage to your total sales (including VAT charged) for the quarter. Depending on what line of business you're in, it can also save you money.

For more details on the flat rate scheme, read our Q&A.