Yes, Business Finance Assistant does support a flat rate VAT scheme. Please follow the steps below to switch from 'Standard' rate to 'Flat' rate:
- Go to 'Your Profile'
- Click 'Company Settings' from the drop-down menu
- Go to the 'Finance Settings' section
- Select 'Flat Rate' for the 'VAT Scheme'
- Enter the relevant 'Flat Rate (percent)'
- Click 'Done' to save
