I’m switching to QuickFile for MTD compliance. On my other accounting system I could assign a given percentage of any particular purchase/expense for personal use (separately for VAT and ITSA) and the system would then account for it accordingly. I need to allow for PU with ITSA but not for VAT as I pay the Fuel Scale Charge. Is there a way in QuickFile to configure particular expenses for %PU, or will I have to manually calculate the %PU of all vehicle costs and then enter this somewhere on the MTD ITSA form, whatever this looks like?
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QuickFile does not currently let you set a fixed personal use percentage per expense like some other systems.
You will need to post the full vehicle expense as normal, then manually calculate the personal use portion for ITSA and adjust it separately, usually via a journal entry or year-end adjustment. Since you’re using the Fuel Scale Charge, no VAT adjustment is needed, only the ITSA disallowable portion.
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