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July 3, 2019
Question

Hi, i want to make sure I selected the Flat VAT Rate scheme on my account. Is there a way to review it?

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1 reply

QuickBooks Team
July 3, 2019

Welcome to the Intuit Community, @fattori-giovanni. 

 

Let's go to the Edit VAT settings page to ensure you've selected the Flat Rate Scheme (FRS). I'm here to walk you through the steps. 

  1. Go to Taxes from the left menu. 
  2. Click the Edit VAT drop-down. 
  3. Choose Edit settings. 
  4. Under the Other tax options section, make sure the Flat Rate Scheme (FRS) is checked. 
  5. Click Save. 

To learn more about how FRS works using the program, you can go through these helpful articles: 

In case you want to get a report that displays transactions on the VAT return's boxes, I'd suggest running the VAT Detail report. 

 

I'm just a click away if you need further assistance. See you around and more power to your business, @fattori-giovanni!