Business Finance Assistant supports the Flat Rate VAT scheme. Follow the steps below to switch from the 'Standard' rate to the 'Flat' rate:
- Navigate to 'Your Profile.'
- Click on 'Company Settings' in the drop-down menu.
- Proceed to the 'Finance Settings' section.
- Choose 'Flat Rate' for the 'VAT Scheme.'
- Enter the relevant 'Flat Rate (percent).'
- Click 'Done' to save your changes.