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Mar 2, 2021 3:03 PM UTC
Solved

Deregister for VAT

I am deregistering for VAT so need to repay the vat I claimed on a vehicle before I had Quickbooks, I am keeping this item as an asset, how to I record this on my final return? 
thanks

GeorgiaCAnswer
Mar 2, 2021 3:43 PM UTC

Hi JainB

 

Unfortunately, this falls outside of the scope that we're able to advise on, and we'd recommend reaching out to a bookkeeper/accounting professional so that they can help you record this accurately in your books and return. 

 

Thanks 🙇‍♀️

1 reply

GeorgiaCAnswer
Mar 2, 2021 3:43 PM UTC

Hi JainB

 

Unfortunately, this falls outside of the scope that we're able to advise on, and we'd recommend reaching out to a bookkeeper/accounting professional so that they can help you record this accurately in your books and return. 

 

Thanks 🙇‍♀️