KashFlow lets you record your digital service transactions, so that you will be able to create a VAT MOSS return for HMRC. There are three steps to get KashFlow setup for MOSS: Record your participation in the MOSS scheme. Set your customer’s country. Allocate or set existing sales codes as digital services. Activating…
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 moreFrom the 1st of January 2015 the EU are introducing new legislation on VAT. The sale of digital services, to customers within the EU, will require VAT be charged at the rate of that consumers country. What are digital services? Digital services refers to broadcasting, telecoms and e-services. Broadcasting –…
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