What flat rate VAT percentage do I apply for multiple business sectors?

If your company is involved in more than one business sector and you use the Flat Rate Scheme for VAT, the flat rate percentage to apply is the one that represents the greater part of your turnover. You then apply that percentage to your total turnover – i.e. you don’t use different percentages for each source of income.

Should you be planning to diversify your business and provide services in multiple business sectors, please contact your Account Manager to discuss before making a start.