Correct category for import VAT

[QFSteve]

Hello @clivem

There is a wide range of process involved in processing vat on imports depending on the situation, you may wish to consult your accountant to get professional tailored advice as the support team are not registered accountants.

I did also find some threads in the forum which may help, you can also try searching the forum

Entering Import VAT

Hi I need to enter some invoices relating to import charges. The highest value is import VAT but I do not seem able to amend the VAT to any amount over the expected 20%. For example Invoice total 59,945.77 Import VAT 57,325.38 The remainder is made up of various shipping process charges. VAT registered so able to claim back and entry is on the C79 certificate. How should this be entered on Quickfile?

FedEx VAT on Imports

Hello, Previously, I entered purchases somewhat lazily without specifying the VAT (i.e., I simply entered the full amount). Now that we are registered for VAT, I’ve had to revisit these purchases and enter the pre-VAT amount. I adjusted the drop-down to 20%, which automatically calculates the final amount (the same as the full VAT amount previously entered). However, I’m encountering a challenge with an invoice from FedEx for duties and taxes incurred when importing supplies. For example, the …