Your EC Sales List is a report detailing all VATable sales of certain goods and services made to EC Customers over a certain period. This article explains some basic settings and how to run the report within KashFlow. For more information on EC Sales Lists please click here for HMRC guidance…
Read moreThis article advises on your EC Sales List Period
Read moreIf you’ve made sales to the EU and find that the transactions are not being pulled into box 8 of your VAT return (Total value of all supplies of goods and related costs, excluding any VAT, from other EC member states) then you will need to enable the option to…
Read moreThis article advises on how to record services sales on your VAT return
Read moreChange the VAT Rate From 1st January 2021, you may need to record your EC Sales with a 0% VAT rate instead of at the rate for the recipient’s country There are a couple of ways to do this in KashFlow and you can choose which option is best suited…
Read moreOn the flat rate scheme, the only transactions that should appear on a VAT return are sales, or purchases above £2000 if it is classed as a fixed asset. If you have entered sales bank transactions but these are not appearing on the VAT return, the result for this could…
Read moreThis article advises on how to reclaim capital expenditure purchases on your VAT return when on FRS
Read moreThis guidance advises on how to handle Flat Rate VAT when on CIS
Read moreSee how IRIS KashFlow works with your business and your books
