Migrating from Flat Rate VAT to normal VAT (cash accounting)

[alid]

Hey guys,

what is your process when we leave flat rate and move to normal vat accounting (cash accounting) please?
What settings do we need to change?

thanks
al

[QFMathew]

Hi @alid

Providing you’re moving at the start of a new VAT period, you can update the VAT settings on your account by going to Account Settings >> Company Settings >> VAT Settings

You’re not able to switch on QuickFile during a VAT period, but there is a workaround. I’ll try and find the post regarding this and update this post shortly.

[Edit]
Here is the post from @George_H regarding a switch from FRS mid-period:

Changes to the Flat Rate VAT Scheme (FRS) on 1st April