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louise-onwardcom

Question

Why is quickbooks rounding up the VAT?

Forum|Forum|5 years ago
March 26, 2021
1 reply
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QuickBooks Online

Level 13

Hi louise-onwardcom

The VAT is calculated per transaction line and values over 0.5 of one penny will be rounded up in line with HMRC guidance.

Please get back to us below if you have any questions :)