Hi, We have moved to the VAT Flat Rate Scheme. Do we post supplier invoices as VAT Zero Rated or No VAT?

Thanks for reaching out with your question regarding the VAT Flat Rate Scheme, @k_odysseos. 

Please note that we're unable to advise you directly on which VAT code to use when posting supplier invoices. It’s important to note that every business situation is different, and it’s wise to confirm this with your accountant or tax advisor to ensure compliance with HMRC guidelines.

Since your business is on the Flat Rate Scheme, you can check out this article for more information on what each VAT code means: VAT codes in QuickBooks Online: A complete guide

Moreover, you may visit these articles to help you handle VAT payments inside the program and to keep track of what you owe:

• Manage VAT payments in QuickBooks Online
• Check how much VAT you owe in QuickBooks Online

We're available 24/7 if you have more questions or have any other QuickBooks concerns. Please leave your comment below and we'd be happy to assist.