VAT Calculator — Standard vs Flat Rate (FRS)
Compare Standard VAT with the Flat Rate Scheme. Includes limited cost trader test and “Should I register?” helper.
Assumes UK standard VAT rate 20% on sales/purchases. FRS compares your sector rate (or 16.5% if limited cost). Capital asset VAT reclaim applies to items over £2,000 (incl. VAT). Guidance only — real-world outcomes vary with mixed/exempt supplies. For tailored advice, please contact us.
Quick “how to use”
- Choose Sales input type (net or gross) and enter your sales.
- Enter purchases (net) with reclaimable VAT for the Standard scheme.
- Pick your FRS sector, put your annual spend on goods (for the limited-cost test), and tick first year if you’re within 12 months of registering.
- Optional: enter VAT on capital assets >£2,000 (FRS can reclaim this).
- Add your rolling 12-month turnover (and next 30 days if relevant) to see if you must register.
- Click Calculate — we’ll show VAT under Standard and Flat Rate, the cheaper option, and the registration status.