Recent updates to the Flat Rate Scheme Guidance Manual
Below are details of the amendments that were published on 16 January 2008 (see the update index for all updates)
| Section | Details of update |
| Overall | This guidance was originally V1-23 Chapter 6. It has been reformatted to reflect the new house style for HMRC guidance. Operational matters have been removed so that greater emphasis is placed on the policy. |
| FRS3000 | This section has been re-written to clarify the policy on dealing with requests for retrospective admission to the scheme. |
| FRS4000 | This section has been re-written to clarify the policy on dealing with requests for retrospective withdrawal from the scheme. |
| FRS6500 | This is a new section that outlines how VAT is reclaimed on capital expenditure goods. |
| FRS7000 | This section is re-written to include details of the 1% reduction for businesses in the first year of registration. It also provides details of the flat rate percentages both current and historical. |
