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Trading allowance and Flat Rate VAT Scheme

Posted Wed, 17 Jan 2024 11:50:14 GMT by
Hello, if I am registered to Flat Rate VAT Scheme can I still claim the £1000 trading allowance if my expenses under self-employment are under £1000? Many thanks
HMRC Admin 20 Response
Posted Fri, 19 Jan 2024 10:28:33 GMT by HMRC Admin 20 Response
Hi Michelle24 Brooking,
Yes you can still claim this but should not show any other expenses on the return.
Thank you.

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