The bookkeeping blog

Plain-English bookkeeping advice for UK sole traders, landlords and limited companies. We cover record keeping, VAT, Making Tax Digital, accounting software, deadlines and the tax changes that affect small businesses, with new articles every day.

VAT, 30 October 2026

The VAT Flat Rate Scheme explained: who it suits, the rates and the limited cost trader trap

How the VAT Flat Rate Scheme works in the UK, who can join, the 1% first-year discount, the 16.5% limited cost trader rate and when standard accounting is better.

Read the article6 minute read

VAT, 30 October 2026, 6 minute read
When do you need to register for VAT in the UK? Thresholds, deadlines and voluntary registration
The UK VAT registration threshold, how to measure it, how quickly you must register, the penalties for being late and when registering voluntarily makes sense.

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The bookkeeping blog

The VAT Flat Rate Scheme explained: who it suits, the rates and the limited cost trader trap

When do you need to register for VAT in the UK? Thresholds, deadlines and voluntary registration

Your books, sorted, starting today.