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Farmers and the Flat-rate Scheme

  1. Overview
  2. The flat-rate addition
  3. What is a flat rate invoice?
  4. Flat-rate farmer credit note requirements
  5. Issuing a settlement voucher

Issuing a settlement voucher

A Value-Added Tax (VAT) registered person may prepare a settlement voucher when making a purchase from an unregistered farmer. 

Where that settlement voucher:

  • is issued prior to the issue of a flat-rate invoice
  • contains all the information required to be included on a flat-rate invoice
  • and
  • is accepted by both parties to the transaction

it is deemed to be a VAT invoice in respect of that transaction. 

Published: 03 August 2023 Print this page

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