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Mr Tangerine Man
Level 3

How best to set up VAT for a single company comprising 1 VAT registered retail outlet and 1 non-VAT registered charitable admin unit. I plan to use locations to identify

 
Solved
Best answer March 31, 2023

Accepted Solutions
Ashleigh1
QuickBooks Team

How best to set up VAT for a single company comprising 1 VAT registered retail outlet and 1 non-VAT registered charitable admin unit. I plan to use locations to identify

Hello Mr Tangerine Man, thanks for posting on the Community Pahe, so you could do it like that as presumably one of them will just have No VAT on it, however if the other becomes VAT registered in the future and requires a separate return it will cause problems. It will also depend on whether or not you need to submit separate accounts to companies house. We would advise and it will be best speaking to an accountant for further information on what your trying to do as they will be able to guide you more on this as we are just technical support here.

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3 REPLIES 3
Mr Tangerine Man
Level 3

How best to set up VAT for a single company comprising 1 VAT registered retail outlet and 1 non-VAT registered charitable admin unit. I plan to use locations to identify

Is anyone able to help with this please?

Thank you

Ashleigh1
QuickBooks Team

How best to set up VAT for a single company comprising 1 VAT registered retail outlet and 1 non-VAT registered charitable admin unit. I plan to use locations to identify

Hello Mr Tangerine Man, thanks for posting on the Community Pahe, so you could do it like that as presumably one of them will just have No VAT on it, however if the other becomes VAT registered in the future and requires a separate return it will cause problems. It will also depend on whether or not you need to submit separate accounts to companies house. We would advise and it will be best speaking to an accountant for further information on what your trying to do as they will be able to guide you more on this as we are just technical support here.

Mr Tangerine Man
Level 3

How best to set up VAT for a single company comprising 1 VAT registered retail outlet and 1 non-VAT registered charitable admin unit. I plan to use locations to identify

That's great thank you!!

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