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Vat alert based on rolling 12 mths of turnover

Idea suggested by Roger Moore 7 years ago

We've been caught out with one or two clients who breached the Vat threshold £79k in a rolling 12 month period and we didn't alert them to the need to register for Vat. It would be really helpful if an alert could be configured to warn the user once the total of sales invoices on the system in any 12 month period exceeds £79k and this could then lead to compliant Vat registration and a potential new revenue stream for accountants.

4 Replies

That would be a great feature.

Hi Roger & Tom,

Thanks so much for this suggestion. It does indeed sound very interesting and seems to be gaining support too. If it continues to do so then our developers will certainly consider it for implementation soon.

Many Thanks

Chris

I'm with this...

Of course the threshold is now £81k. It would also be useful to flag when sales exceed £230k for those on the Flat Rate Scheme and £1.6m for those on the Cash Accounting scheme.

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