bluenosebex Posted March 6, 2014 Share Posted March 6, 2014 Hi, I'm a novice newbie so please be gentle... How do I account for uk flat rate vat using express accounts? I've adjusted my purchases so they are nil vat, but I'm not sure how to adjust the vat I will pay - presume this is via editing the journal to state what I pay to HMRC, but I don't know how I then account for the difference i.e. the profit we make from the vat. Anyone else know how to do this and apologies for my ignorance if its obvious? Thanks in advance! Link to comment Share on other sites More sharing options...
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