Agricultural flat rate scheme (AFRS) ― joining, leaving and rejoining

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note covers how to join, leave and rejoin the agricultural flat rate scheme (AFRS). The scheme is sometimes also referred to as the famers’ flat rate scheme and the flat rate scheme for farmers.

For an overview of the AFRS more broadly, see the Agricultural flat rate scheme (AFRS) ― overview guidance note.

For the eligibility requirements that must be satisfied for a farmer to join (and remain within) the AFRS, see the Agricultural flat rate scheme (AFRS) ― eligibility guidance note.

For in-depth commentary on the legislation and case law relating to joining the AFRS and cancellation of AFRS certificates, see De Voil Indirect Tax Service V2.192 and V2.196.

Joining the AFRS

Application process

Before applying to join the scheme, a farmer must ensure that their business meets the eligibility criteria set out in Agricultural flat rate scheme (AFRS) ― eligibility.

An application is made using form VAT98.

If the business is not VAT registered at the time of application, it must also complete and

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Value Added Tax

Exemption ― burial and cremation

Exemption ― burial and cremationThis guidance note provides an overview of the VAT treatment of services that are provided in connection with the burial or cremation of human remains.VAT treatmentThe following services are exempt from VAT:•the disposal of the remains of the dead•making arrangements

14 Jul 2020 11:38 | Produced by Tolley Read more

Trusts and Inheritance Tax

Payments to trust beneficiaries

Payments to trust beneficiariesThis guidance note considers the trustees powers to make payments and whether the payment made is income or capital.This guidance note is designed to give outline and background for accountants and tax advisers who deal with clients establishing trusts. It is not

14 Jul 2020 12:52 | Produced by Tolley Read more

Personal Tax

Simple assessments

Simple assessmentsFrom 2016/17 onwards, HMRC has the power to make a ‘simple assessment’ of the taxpayer’s income tax and / or capital gains tax liability outside of the self assessment system. As HMRC already receives significant amounts of information on the income received and tax paid by

14 Jul 2020 13:40 | Produced by Tolley Read more

��Ӱ��