Beta This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

VAT Flat Rate Scheme

Addressing risks and assurance: What are the key risks of the scheme?

The key risk from the scheme is its exploitation for fraud or avoidance. The turnover threshold limits the extent of any unintended leakage, so the key risk might be expressed as use of the scheme by businesses for which it was not intended. FRS6000 holds further details of the anti-avoidance rules in the scheme.

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

(This content has been withheld because of exemptions in the Freedom of Information Act 2000)

  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)
  • (This content has been withheld because of exemptions in the Freedom of Information Act 2000)