Calculate flat-rate VAT and optionally compare standard VAT accounting for the same monthly, quarterly, yearly or custom period. Enter total expenses including VAT; the comparison extracts VAT assuming a 20% rate and full recovery under standard accounting. Exclude qualifying capital purchases entered separately, each at least £2,000 including VAT. Eligible capital VAT is deducted under both schemes without double counting.
An informational calculator from COPA Accounting, specialists in VAT for small businesses, freelancers and digital companies.