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JainB
Level 1

Deregister for VAT

I am deregistering for VAT so need to repay the vat I claimed on a vehicle before I had Quickbooks, I am keeping this item as an asset, how to I record this on my final return? 
thanks

Solved
Best answer March 02, 2021

Accepted Solutions
GeorgiaC
QuickBooks Team

Deregister for VAT

Hi JainB

 

Unfortunately, this falls outside of the scope that we're able to advise on, and we'd recommend reaching out to a bookkeeper/accounting professional so that they can help you record this accurately in your books and return. 

 

Thanks 🙇‍:female_sign:

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1 REPLY 1
GeorgiaC
QuickBooks Team

Deregister for VAT

Hi JainB

 

Unfortunately, this falls outside of the scope that we're able to advise on, and we'd recommend reaching out to a bookkeeper/accounting professional so that they can help you record this accurately in your books and return. 

 

Thanks 🙇‍:female_sign:

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