VAT Calculator: Flat Rate Scheme (FRS)

Would you benefit from joining the VAT Flat Rate Scheme?

First, choose your business type

The VAT flat rate you use depends on your business type or, as of 1st April 2017, whether you are classed as a limited cost trader. If you are a limited cost trader, select that option from the list below, otherwise select the relevant business type.

Check last year's VAT return for these amounts

Optional field

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 glossary..