No problem. We have a February financial year/VAT quarter end, so we had to work this out a month earlier than those with a March VAT quarter.For the benefit of...
Sorry, misunderstood. This is what we do for Postponed VAT. Create an expense with two lines:Line 1: Category (our stock category - don't think it matters too m...
What do you mean by "PVA Statements from HMRC"? Do you mean the green Form C79? If so, it sounds like you have actually paid the VAT at the point of import, rat...
You won't actually cash pay any VAT because (for most businesses) you reclaim the VAT on purchases in Box 4 of the VAT return:https://www.gov.uk/guidance/comple...
You need to use the20.0% RC MPCCs code - the other RC codes don't work for this. It may be inactive. If you don't see it in the menu of VAT codes, go to Taxes >...
