First VAT return after Registering

Accounting
1

Hi, I’m just about to complete my first VAT return after registering and using Qucikfile. Could someone confirm how I claim the VAT back from previous expenses within Quickfile? Do i just add the invoices I wish to claim VAT for into Quickfile?

Thanks

2

Hi @MES1

Have you always used QuickFile for your accounting, or are you just starting now as you’re VAT registered?

There are 2 ways to do it, it depends on what’s eligible to be claimed. The quickest way is to set the VAT start date (in your VAT settings) as your actual start date, and then add a manual adjustment for the expenses you wish to claim for.

The other option would be to add your invoices and adjust your start date to include them.

Personally, I’d opt for the first option - just make sure everything is clearly documented when you make the adjustments, just in case HMRC ever queries it.

3

Thanks for your help.
Neil

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