What is it? The default HMRC VAT schemes requires to declare and pay the full amount of VAT charged on sales/invoices to HMRC. The Flat Rate Scheme (FRS) for VAT lets you reclaim some of that money. How does it work Under the Flat Rate Scheme (FRS) for VAT, you…
Read moreVAT MOSS Reports In order to submit your single VAT MOSS return, you will first need to run a VAT MOSS report within KashFlow. In order to generate this, click on Reports in your navigation bar and under General Reports, select VAT MOSS Reports. Create New Select the option to…
Read moreWhen you have the option to file your VAT return and EC sales list enabled in KashFlow, you may find that in some cases you receive an error message referring to the VAT validation. In order to be able to submit a VAT return via KashFlow, you will need to ensure…
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