VAT registration could increase your take home pay

✓ Voluntary VAT registration
✓ VAT return submission
✓ VAT refund advances
✓ Easy-to-use software

services > VAT Management

VAT's easier than you'd think

Lots of people are nervous about VAT registration because it sounds scary. If you earn less than the £85k threshold, you could still benefit from becoming VAT registered, depending on your circumstances. 

Flat Rate Scheme (FRS) VAT calculator

Use our calculator to get an estimate of your FRS VAT refund
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Remember, this is just a rough estimation of what your refund might be.

You could be entitled to more than you thought. 

Relax. We'll take care of everything for you. 

VAT Registration

Becoming VAT registered can be a great way to improve your cash flow and run a more profitable business!

MTD-Compatible VAT returns

We'll take care of everything for you, using our Making Tax Digital (MTD) compatible software.

Backdated and ongoing refunds

You could potentially reclaim up to 4 years' VAT if you haven't before, as well as every year from now on. 

VAT advances

You can have your VAT refund paid out within 24 hours through our Group company, IN-SYNC Credit Services.

Find out what you could reclaim 

Why IN-SYNC?

When you sign up with IN-SYNC, you'll gain access to an expert team who will help you every step of the way. We've helped more than 53,000 sole traders with their finances, so you're in safe hands with us. 

One fixed price for all the support and advice you could need

VAT return submissions managed by your dedicated VAT expert

Unique VAT backdating service to secure large multi-year rebates.

John reclaimed £12,342 through IN-SYNC

John was nervous about becoming VAT registered because he thought he didn't earn enough money and it'd be too much paperwork. 
Since registering for VAT in 2018, John has reclaimed £12,342 and has used the money he's saved to buy a new van, which means he can carry more packages than ever!

Everything you need, all bundled together.

We launched the Supercharger bundle this year to help you manage your self-employed finances smarter than ever. 

It's the only service you'll need to take care of your financial responsibilities and maximise your take-home pay, all on a simple monthly subscription. 

 

Get a FREE FRS VAT refund estimate

FAQs: VAT Management

Value Added Tax, or VAT, is a business Tax that is charged on the sale of goods and services in the UK and the European Union. The standard rate of VAT is 20%, however certain goods and services are charged at 5% or 0%. VAT collected by VAT registered businesses is reported and paid over to HMRC every quarter.

The Flat Rate Scheme is a simplified form of operating VAT designed for smaller businesses and the self-employed. It works by charging VAT, at the relevant rate, on all your invoices and paying over to HMRC at a fixed percentage, depending on your trade or profession. For example, if you’re in Construction then you pay VAT over to HMRC at 14.5% and Couriers or Taxi Drivers pay over at 10%. The difference between what you charge, and what you pay to HMRC you get to keep. We’ll give you advice to help you get the best benefit from your FRS registration.

Yes, provided your annual turnover is below £85,000, you can voluntarily deregister from the FRS. All that you would need to do is contact our friendly customer services team and IN-SYNC would liaise with HMRC and take care of all the necessary administration on your behalf.

You do not need to be a Ltd business to be VAT registered. As a self-employed sole trader you are, in fact, your own business. You work for yourself and are entitled to the benefits of being VAT registered.