Sorry if this is stating the obvious but I’m going to be doing my own VAT return this quarter owing to my accountants’ systems being down.
If I’ve invoiced for £20k net (i.e. including 20% VAT) the amount I have to pay will be 16.5% x 20k?
I’m assuming it is but if anyone could confirm, that would be great. Thanks.
If I’ve invoiced for £20k net (i.e. including 20% VAT) the amount I have to pay will be 16.5% x 20k?
I’m assuming it is but if anyone could confirm, that would be great. Thanks.
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