VAT returns
VAT returns built from the invoices, bills and transactions already in Finaap, submitted to HMRC through Making Tax Digital. Coming soon.
- Box 1VAT due on sales
- £4,820.00
- Box 4VAT reclaimed on purchases
- £1,315.40
- Box 5Net VAT to pay
- £3,504.60
- Raise invoices and credit notes, and record what your suppliers bill you
- Standard, cash accounting and Flat Rate schemes
- Reverse charge, postponed import VAT and bad debt relief
- See which line put each amount into each of the nine boxes
- Your VAT deadlines, what you owe HMRC and when it is due