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Thanks, it is precious metals so the margin scheme will be used on used silver, and 20% vat on new silver, and no vat on gold if over a certain fineness, if I’ve got all this correct, agreed about the making tax digital I’ve just struggled to find a system (normally used to quick books) that...
Hi all,
A couple of VAT related questions if anyone would be so kind please, any help would be much appreciated
VAT Margin scheme- it seems quickbooks, zero and the like are not good at handling for this scheme, is it best just to use an excel detailed spreadsheet where each item should be...