VAT Schemes for Small Businesses

HMRC offers special VAT accounting schemes that can simplify VAT or help cash flow for smaller businesses. This course explains the VAT registration threshold and the Flat Rate, Cash Accounting and Annual Accounting schemes: who can join, how each works, the turnover limits, and how to decide which, if any, suits your business.

Tutwoo is an independent learning provider. This course summarises HMRC guidance on GOV.UK as at October 2026. Thresholds and rates can change. It is not tax advice.