VAT & Van FinanceHi there, We bought a new van on finance and I'd like to claim the VAT back on this next return that's due.Can someone help me set this up please?

Hi cheekyfinger,

You can select a month when your current VAT period starts when setting up VAT. Let me guide you on how to set it up. 

1. Click on Taxes on the left menu,
2. Select the Set up VAT button.
3. On the Set up VAT page, select the beginning month of your current VAT period.
4. Select your filing frequency.
5. Next, choose your VAT accounting scheme.
6. Enter your VAT registration number.
7. Tick the checkbox for Flat Rate Scheme (FRS), if your business is entitled to this.​
8. Click Save when you're ready. Your VAT codes will now be automatically set up.

Then, set up a tax, group or custom tax. Here's how:

1. Click on Taxes on the left menu.
2. Click Add Tax.
3. Select the type of tax you want to add.
4. Click Save.

Here's an article for more information about VAT: VAT: Getting Started.

I've included this article in case you have other questions about VAT: Help Articles For VAT.

Feel free to reach out to us if you need anything else. I'd be happy to help.