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HMRC internal manual

VAT Annual Accounting Scheme

HM Revenue & Customs
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Operating the scheme: Use of annual accounting with a retail scheme

Businesses can use a retail scheme together with the annual accounting scheme. The business must follow the scheme rules that apply to each quarter and make calculations once a year.

Further information on using the annual accounting and retail schemes together can be found in Notice 732 Annual Accounting and Notice 727 Retail Schemes.