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1 reply

QuickBooks Team
May 5, 2021

I'm here to share some details about being VAT exempt, accounts467.

 

The VAT registered company in the EU region is exempted from being charged VAT by Intuit on your QuickBooks Online subscription. To ensure that you are not charged, you'll need to update your billing information on the Accounts and Settings page with your valid VAT number. I'll guide you how.

  1. Go to the Gear icon.
  2. Select Account and Settings.
  3. Choose Company, then select VAT.
  4. Enter the VAT number accordingly, then click on Done.

 

We also want to ensure we're compliant with Ireland's rules and regulations. Thus, please visit their website for more information: VAT Rates Overview

 

Lastly, you can check out our resource hub to get links about managing your tax-related tasks in QuickBooks Online.

 

Please let me know if you need anything else. We're always here to help. Keep safe.