Related Questions
15I have a category of expense that I want to add to the Chart of Accounts. The expenses in this category can attract VAT at 23%, 13.5% or 0%. I see that the Chart of Accounts entry asks me to specify a VAT type, but when I add a line item to a Supplier invoice, I can specify the VAT rate there. So what does the VAT Type field in the Chart of Accounts entries do? Is it simply a default VAT rate for that item?49good morning Peter , do i still have to pay for payroll even that i have only one staff on board ?25Hi, I have an hotel expense for my business which includes an element of VAT. However I dont think i can claim the vat back on the expense, (not a qualifying conference) so how do i exclude this transaction from my VAT3 return, yet include it as a business expense for my end of year tax? thanks..31I see the reminds re P30 etc. We are looking at getting an accountant to look after the VAT, PAYE and companies office stuff. Do you do this?149How do I change the accounting for VAT to Invoice Basis?