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VAT - changing from standard to flat rate

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malachy.donaghy

01 May, 2013 10:06 PM

Can you tell me if you can change the VAT scheme from standard (first quarter) to flat rate (second-fourth quarter)?

Thanks,
Mal

1. Support Staff 1 Posted by Admin on 02 May, 2013 07:49 PM

   

   Hi Mal,

   The best way to handle changes in VAT scheme is to set the changeover date as the date of your next VAT Period end in business settings. Then run and file the VAT report and change the VAT Period End Date to match the end of your next VAT period.

   Mathew

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2. 2 Posted by malachy.donaghy on 07 May, 2013 10:18 PM

   

   Thank you

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3. Mark closed this discussion on 08 May, 2013 05:52 PM.