This report provides a summary of VAT collected for the selected date range. It resembles the structure of the actual VAT 100 form, giving the amounts you need to complete the form. Transactions that use the N-T VAT code do not appear on this report.Use this report if you use the cash method of VAT accounting. This method allows you to account for VAT once payment has been received or made and can only be used if you have permission from Customs & Excise.
|