The Tax Consultant
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VAT · 2026/27

Add it or pull it out.

Standard, reduced, or zero rate. With a quick Flat Rate scheme cross-check for sole traders.

Direction
VAT rate

Result

Net
£1,000.00
VAT
£200.00
Gross
£1,200.00
Flat Rate scheme cross-check

Under the Flat Rate scheme you charge VAT to customers at the standard rate but pay HMRC a sector-specific lower rate (e.g. 14.5% for accountancy). For a £1,000 net invoice at 20% VAT, you'd collect £200.00 from the customer and pay HMRC £174.00 (illustrative 14.5% flat rate). We'll work out your real sector rate when you book a call.

Want this number actually filed?

We do this for ~120 UK clients quarterly. From £350/yr.