ENTER PURCHASE INVOICES FROM BOND FOR EXCISE DUTY AND VAT VAT NOT A SET % DEPENDENT ON ALCOHOL VOLUME PROOF HOW DO I CREATE A VAT CODE TO DEAL WITH THE VAT THE FIQURES TYPICAL EXCISE DUTY £ 66.44 VAT £ 20.72 TOTAL 87.16

Hello there, @cabmort. I'll be happy to outline the steps to set up a VAT code in QuickBooks Online (QBO).

If you haven't yet, ensure to set up your VAT in QBO. Once done, please refer to the steps below to create a new VAT code.

1. Go to Taxes and select Add Tax.
2. Choose the type of tax you want to add.
   1. Tax rate: Add another tax rate for VAT, such as a local tax that is not already included.
   2. Group rate: Combine multiple taxes and apply them to your transactions seamlessly. 
   3. Custom tax: Add a tax agency and a tax percentage, such as an environmental levy, hotel, or petrol tax.
3. Enter the Tax name and other necessary information.
4. Click Save.

Once done, your new VAT code is now available when entering your next invoice/expense/bill. For more information, please see this article: Create a new VAT code in QuickBooks Online.

Furthermore, here's a guide to assist you in submitting your VAT return in QBO: Submit a VAT return to HMRC using MTD in QuickBooks Online.

Keep in touch if you have other concerns about VAT. The Community is here to help. Stay safe.