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Updated for 2026/27 Tax Year

VAT Annual Accounting Calculator

Calculate your interim VAT payments under the Annual Accounting Scheme. Make fixed payments throughout the year with one annual return.

Calculate Annual Accounting Payments
Enter your estimated annual VAT liability

Payment Schedule

Month 4

£3000.00

25%

Month 7

£3000.00

25%

Month 10

£3000.00

25%

Balancing Payment (Month 14)

£3000.00

Remaining 25% + any adjustment

Total Interim Payments

£9000.00

Average Monthly Cash Flow

£1000.00

Annual Accounting Eligibility

Can Join If

  • • VAT taxable turnover £1.35m or less
  • • Up to date with VAT returns and payments
  • • Been VAT registered for at least 12 months

Must Leave If

  • • Turnover exceeds £1.6m
  • • Stop being eligible
  • • HMRC cancels your use of the scheme

Benefits

Only one VAT return per year, better cash flow management, and predictable payments.