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Commentary

V2.194 Flat-rate scheme for farmers—the flat-rate addition


Part V2 Registration – deregistration

Calculation and charge of the flat rate addition

The consideration is treated as including an amount called the 'flat-rate addition', which is equal to 4%1 of the sum, which, with the addition of the flat-rate addition, is equal to the consideration for the supply2 for:

  1. Ìý

    •ÌýÌýÌýÌý any taxable supply (see V3.122)

  2. Ìý

    •ÌýÌýÌýÌý made by certified flat-rate farmers who are not taxable persons in the course or furtherance of the relevant part of their business (V2.191), and

  3. Ìý

    •ÌýÌýÌýÌý made to a taxable person (see V2.101)

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Web page updated on 17 Mar 2025 15:22