VSME34000 - Supplementary or alternative checks: flat rate scheme

Where a trader is using the Flat rate Scheme, check that:

• the trader is eligible to use the scheme;
• the correct self-classification and flat rate percentages are being used; and
• VAT has been accounted for correctly on the disposal of assets.

Detailed guidance relating to the Flat Rate scheme, including the main revenue risks, can be found in V1-23 Schemes.