Value Added Tax, more commonly referred to as VAT is a tax on the supply of goods and services by individuals and businesses that are taxable. HM Customs and Excise administer VAT in the UK.
Using MYOB Accounting Plus, completing your VAT return is easy. In just a few steps, Accounting Plus helps you to complete your VAT Return for Customs & Excise.
Note: If your business is not VAT Registered, then you can turn off most of Accounting Plus's VAT features
This is explained in the appropriate procedures. |