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Commentary

V2.191 Flat-rate scheme for farmers—outline and purpose

Part V2 Registration – deregistration

The UK operates a flat rate scheme for farmers, also referred to as the agricultural flat rate scheme and the farmers flat rate-scheme. UK provisions are found in VATA 1994, s 54 and SI 1995/2518, regs 202–211. The scheme is an alternative to VAT registration for farmers and came into effect in the UK on 1 January 19931. HMRC's views on the operation of the scheme are set out in Notice 700/462.

While the UK was an EU member state, its provisions were derived from Archived Directive 2006/112/EC, arts 295–305 (formerly Directive 77/388/EEC, art 25) which (as at IP completion day) authorised member states (and therefore the UK) to introduce a flat-rate scheme.

The meaning of 'farmers' and of the flat-rate scheme

For the purposes

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