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Calculate how changes to the VAT Flat Rate Scheme could affect you

On 23 November 2016, the Chancellor announced measures to restrict the abuse of the Flat Rate VAT scheme (FRS) during his Autumn Statement. The measure creates a new category referred to as a ‘limited cost trader’ that carries a percentage rate of 16.5% and is effective from 1 April 2017. Use the calculator below to see how these changes could affect you, and read on for more information.

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Dividends 2017/18 & 2018/19 calculator

Enter the salary and dividends you plan to draw to work out how much tax you will have to pay, according to the new dividend taxes.

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Take home pay

Enter your salary and fees billed to your client into our take home pay calculator and find out if switching to Limited Company contracting is best for you

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Save by switching

Cost comparison

Will changing adviser save me money? Discover if joining Intouch Accounting will save you time and money

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Catch-up fees

Catch up fees

Discover how little it will cost to switch to Intouch for all your accounting and tax advice

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