How to complete a VAT return - the basics
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YouTubeAMS Accountancy Ltd
How to complete a VAT return - the basics
To complete a basic VAT Return use notice 700/12 online. For ordinary UK sales/purchases, complete boxes: 1) Output VAT, that is VAT on your sales, and for claiming VAT on fuel on cars in the business, apply what's called a VAT fuel scale charge. 3) Total of boxes 1 & 2. 4) VAT on purchases of goods and expenses. 5) The difference between boxes ...
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