Clearbooks working out my flat rate VAT return incorrectly

Question asked by Matthew Doherty 6 years ago

Why is my clearbooks accounting software working out my flat rate VAT wrong. Is there somewhere else that i should be putting the 9.5% on the system?

Can anyone help?

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1 Reply

Hi Matthew,

So, for the flat rate scheme you would have a VAT scheme set under Settings > Organisation > Details and Tax > VAT. Here you should see Flat Rate Scheme as your setting and the 9.5% rate set. If that is not the case you will need to update your VAT scheme.

All the best,

Mohamed.

Best answer
6 years ago

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