The actual percentage you use will depend on your type of business.
You can use the Flat Rate Scheme if:
Benefits of using Flat Rate Scheme:
It may not be for you if:
You can join the scheme when you register online for VAT. If you’ve already registered for VAT you can join using form VAT600FRS.
Use the link below to find out more from GOV.UK:
Flat Rate Scheme
You can also join our live webinar: VAT Flat Rate Scheme and take a look at our online guide: VAT - How VAT works.