VAT Flat Rate Scheme
If your circumstances change
You must leave the scheme if:
- you鈥檙e no longer eligible to be in it
- on the anniversary of joining, your turnover in the last 12 months was more than 拢230,000 (including VAT) - or you expect it to be in the next 12 months
- you expect your total income in the next 30 days alone to be more than 拢230,000 (including VAT)