cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
NEW Connect to DBS IDEAL direct bank feeds Click here
aweaver-robantin
Level 1

How do you remove VAT if your company is not VAT registered?

 
1 Comment 1
Rubielyn_J
QuickBooks Team

How do you remove VAT if your company is not VAT registered?

Thank you for reaching out with your query, Aweaver.

 

I understand that you're seeking guidance on the process of removing VAT charges for your non-VAT registered company. Don't worry, I'm here to assist you with that!

 

Once the VAT feature is activated in QBO, you won't be able to deactivate it. Alternatively, since you're not VAT registered, we can set the default rate selection to Out of Scope of Tax or No VAT from your Account and Settings menu. 

 

To proceed, here are the steps:

 

  1. On your QBO account, navigate to the Gear icon at the top.
  2. Choose Account and settings.
  3. In the left menu, click Advanced.
  4. Proceed to the Accounting section. 
  5. Select Out of scope of Tax from the Default tax rate selection.
  6. Click Save, then Done.

 

In case you have pending VAT entries and require assistance with recording, adjusting, or deleting VAT payments, here's an article that serves as a helpful guide for you: Manage VAT payments in QuickBooks Online.

 

Feel free to ask any other questions if you have about managing VAT in QuickBooks. I'm always at your service!