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Jul 8, 2019 8:19 PM UTC
Question

I am importing goods from Outside Europe. The Shipping company bill me the VAT. I then pay them. 100% of it is VAT. How do I record this in my banking ?

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1 reply

Aug 15, 2019 10:17 AM UTC

You should be able to overwrite the VAT amounts. eg your cheque of say £30 would be freight expense £0, VAT £30.