Why Flat Rate VAT only?

Hoike VAT Toolkit is built specifically for UK small businesses using the Flat Rate VAT scheme.

Flat Rate VAT is simpler, more predictable, and—when used correctly— often more efficient for small businesses, like transport operators.

---

• No VAT reclaim calculations.
  VAT is calculated as a fixed percentage of your gross turnover.
• No complex box logic.
  No input VAT adjustments, partial exemptions, or edge-case rules.
• Clear outcomes.
  What you see in your preview is exactly what is submitted to HMRC.

---

For transport businesses, HMRC currently applies:

• 9% – first year on the Flat Rate scheme
• 10% – subsequent years

Hoike VAT Toolkit automatically applies the correct rate based on your business profile — no manual calculations required.

Important: Hoike VAT Toolkit does not support Standard VAT. This is a deliberate design choice to ensure accuracy, clarity, simplicity, and confidence for Flat Rate users.