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March 26, 2021
Question

Why is quickbooks rounding up the VAT?

  • March 26, 2021
  • 1 reply
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1 reply

March 26, 2021

Hi louise-onwardcom

 

The VAT is calculated per transaction line and values over 0.5 of one penny will be rounded up in line with HMRC guidance. 

 

Please get back to us below if you have any questions :)