Commentary

V2.197 Flat-rate scheme for farmers—records

Part V2 Registration – deregistration

V2.197 Flat-rate scheme for farmers—records

V2.197 Flat-rate scheme for farmers—records

Regulations may impose obligations on flat-rate farmers with regard to the keeping, preservation and production of records1. A flat-rate farmer must keep and preserve his business and accounting records and copies of all invoices issued by him which include the flat-rate addition2. He must also comply with any additional requirements of HMRC as to the keeping, preservation and production of records3. Such records must be retained for six years or such lesser period as HMRC may allow4. On request a flat-rate farmer must produce his records for

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial