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BetaOly
Feb 4, 2020 8:42 AM UTC
Question

VAT FRS quarter changed

I am using the VAT rate of 10% but currently I'm liable for 9% using the 12 month discount, I changed my VAT quarter from February to March therefore this will be January 9% but February and March are at 10%  is there a way I can Adjust  this on the quickbooks ?

3 replies

Ashleigh1
Feb 4, 2020 10:13 AM UTC

Hi BetaOly, 

 

Thanks for reaching out to the community page. 

 

Can I ask are you filing though MTD your vat or not?

BetaOlyAuthor
Feb 4, 2020 10:21 AM UTC

Hi

Thanks for your reply.

Yes I am currently filing my returns using MTD

Ashleigh1
Feb 4, 2020 10:37 AM UTC

Hello BetaOly, 

 

Unfortunately there is no way of recording the too different flat rate amounts within MTD, you can only have one percent at a time. It would be a case of you would need to speak to HMRC about this and see how they wold like you to record the vat for the discount month. 

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