Margin VAT
Problem reported by Peter Ray 7 years ago
Hi
Could someone please show me how to work out marginal vat. This is for a car dealership
Problem reported by Peter Ray 7 years ago
Hi
Could someone please show me how to work out marginal vat. This is for a car dealership
"There's nothing like joined up support"
and this is nothing like joined up support. (Sorry John);
Here you go Peter: https://secure.clearbooks.co.uk/community/questions/22532/vat-margin-schemes
Hi
Thank you but this does not answer the question. We have to calculate 20% margin and Clear Books does not really give us an option to do so.
Hi Peter, It's probably best to speak to a qualified accountant regarding this. However, as for recording this in Clear Books - a workaround was discussed here:
https://secure.clearbooks.co.uk/community/questions/22532/vat-margin-schemes