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userlawrencelynn25
Jul 21, 2022 11:16 AM UTC
Question

Flat Rate vat scheme, looking to claim back vat on purchase of Vehicle (capital Asset)

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1 reply

Ashleigh1
Jul 21, 2022 1:20 PM UTC

Hello Userlawrencelyy25, 

 

Welcome to the Community page, 

 

So you can set an expense or bill to be VAT  reclaimable. There is a tick box on the transaction. We've included a help guide on the flat rate scheme in QuickBooks here that is very useful. Any questions on this let us know we'd be happy to help.

 

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