VAT Rates & Treatments

How to set default VAT rate & treatments
Whenever you create a new invoice or bill, and the VAT rate and VAT treatment are not set in the Customer's & Supplier's settings you can set ...
Fri, 21 Feb, 2020 at 12:14 PM
How to account for Reverse Charge and Acquisition Tax
You must inform HMRC when importing supplies into the UK as there are rules to pay import VAT depending on the VAT treatment of the taxable supplies. As...
Wed, 26 Feb, 2020 at 4:35 PM
How to account for Domestic Reverse charge
This guide will explain how to account for and record a Domestic Reverse Charge (DRC) for building and construction services transactions. The customer rece...
Fri, 14 Feb, 2020 at 1:28 PM
How to submit an EC Sales List to HMRC
To be able to submit an EC Sales List via Clear Books, you must make sure you have authorised Clear Books as an agent for EC sales in the HMRC Tax Services ...
Fri, 21 Feb, 2020 at 12:24 PM
How to enable VAT Domestic Reverse Charge for building and construction services
This guide outlines the required process to enable the VAT CIS Domestic Reverse Charge functionality within Clear Books.  Step 1. To enable the VAT...
Fri, 14 Feb, 2020 at 1:28 PM