Hi,
The requirements for having to leave the Flat Rate Scheme are outlined below:
12. Leaving the scheme.
It does state in the guidance that you become ineligible to use the Flat Rate Scheme if:
At the anniversary of your start date your total income (including VAT) in the year then ending (excluding sales of capital assets) is more than £230,000.
I would therefore contact the Flat Rate Scheme as below:
VAT: Annual Accounting and Flat Rate Schemes.
Thank you.