The Flat Rate VAT Scheme was introduced in 2002 as a way for small businesses to simplify VAT returns. This allows eligible self-employed drivers to charge VAT at the full rate while paying HMRC at a lower rate.

Through the invoicing and accountancy bundle, drivers are able to get access to a range of features that have all been specifically designed for self-employed drivers. For example: accountancy advice to help maximise your earnings, auto-generated invoices, access to high street discounts and even Digital GP services! Find out much more about all of the benefits available to Wise drivers, here.