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Posted Fri, 13 Sep 2024 09:00:53 GMT by Shaun Smith
Hi I was previously registered under the flat rate scheme and received the 1% discount for the first 12 months back in 2019. I then deregistered for VAT in 2021 as my company's turnover was significantly reduced. I am now looking to re-register for VAT (September 2024) and would like to know if the 1% discount is available again for the flat rate scheme? I presume so on the basis this is a new registration/scheme but would like confirmation on the matter. Thanks in advance.
Posted Wed, 18 Sep 2024 15:49:08 GMT by HMRC Admin 13 Response
Hi Shaun, As the company is making a new VAT registration and will receive a new VAT number then the company should be able to benefit from the 1% reduction again Thank you

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