My account
✓ Backdate up to 4 years
✓ Average rebate over £2,500
✓ We manage the process for you
We consistently secure VAT rebates for self-employed operatives of over £2,500 and in many cases VAT is recovered from the last 4 years, delivering VAT rebates of over £10,000.
Introduced by HMRC in 2002, the Flat Rate Scheme (FRS) was designed to help small businesses reclaim VAT without going through the standard VAT reclaim process.
IN-SYNC can manage this process for you and provide early access to the predicted rebate amount, so you don't have to wait to get your money.
Our in-house team of experts can help you understand exactly what you could be entitled to reclaim. We will also be able to see whether we can advance you on any money due.
Becoming VAT registered can be a great way to improve your cash flow and run a more profitable business!
We'll work with you to make sure you've got everything covered when it comes to your VAT return.
You can have your VAT refund paid out within 24 hours through our Group company, IN-SYNC Credit Services.
The Flat Rate Scheme (FRS) for VAT was introduced by HMRC in 2002. It was designed to help small businesses reclaim VAT without going through the standard VAT reclaim process.
Self-employed operatives can charge 20% VAT, like they normally would, and just pay HMRC a percentage of their turnover. This saves a lot of time since you won't have to work out the VAT on everything you've bought.
The VAT Flat Rate Scheme helps you to maximise your profits, even if you fall beneath the VAT registration threshold of £85k because you can reclaim VAT based on your turnover and profession.
We've helped more than 53,000 sole traders across the UK manage their finances
You will have to include any rebate that you receive in your annual self-assessment, but you should also include the fees charged as an expense, to reduce the tax you have to pay on the rebate received.