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Add option to choose recoverable VAT amount

One feature that seems to be lacking from Kashflows VAT submission process is the ability to define how much VAT can be recovered from a particular purchase code.

For example, a company leased car is charged to the company with 20% VAT however the comapny can only recover 50% of that VAT if the vehicle is also used for domestic use. In Kashflow there is no way to handle this other than misrepresenting the VAT applied to the original invoice.

What would be really useful is a field on the purchase code box that allows the selection of how much of the recorded VAT can be recovered for that purchase type and applied to the VAT returns.

  • Guest
  • Mar 22 2023
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