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December 31, 2020
Question

My furlough payment is recording as an income and subsequently a VAT charge is levied - how do I change this on my return?

  • December 31, 2020
  • 1 reply
  • 0 views
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1 reply

Level 14
December 31, 2020

Hello Nick-Dalton,

 

Welcome to the Community page, 

 

 So it will be how you have recorded the payment that will be causing the issue. If you don't want it to be income you will probably need to record it as a deposit instead of a sales receipt as well so you can pick what account it posts to.