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Jun 6, 2023 3:04 PM UTC
Question

I am a sole trader and newly vat registered, how do i record private use of vehicle fuel etc previously i took a % off total cost but now vat registered what do i do?

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1 reply

Jun 6, 2023 4:53 PM UTC

Hello users-c-electrical, welcome to the Community page, we would advise you speak to a trained and qualified accountant about this, they will be able to advise and help with how best and the correct way to enter this into your account, as we are not trained accountants just technical support.