DivinaMercy_N
Moderator

VAT

Hi there, @catherine. I'm here to help you switch the VAT scheme in QuickBooks Online (QBO).

 

Thanks for sharing the details of your concerns. To help you change the VAT accounting schemes, refer to the steps below:

 

  1. Navigate to the Taxes menu and select VAT.
  2. Then, click Edit VAT and select Edit settings.
  3. Next, under the VAT accounting scheme, choose Standard VAT.

 

You'll see the effective date for the new scheme field if you have previous VAT submissions in QBO. This is the date provided by HMRC. For reference, check out this article: Change VAT schemes in QuickBooks Online. 

 

I also include this helpful resource that you can use as a guide in recording, adjusting and deleting VAT payments in the tax centre: Manage VAT payments in QuickBooks Online.

 

I'm always here ready to lend a hand if you have any other concerns about managing your sales taxes in QBO. Have a good one and stay safe.