VAT and crossover periods
If the VAT periods you are reporting on overlap a change in VAT Flat Rate Scheme rates, then your VAT report needs to be calculated partially on the old rate and partially on the new rate.
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Go to Settings. (If you've switched to the new design, select your initials, then Account Settings.).
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From Configuration Settings, select VAT Settings.
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Towards the end of the page, select I use the Flat Rate Scheme for VAT.
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Once selected, further options are shown enabling you to enter the current FRS rate, select the Retained VAT Code then enter details of the Previous FRS rate.
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Select Update.
Example: If you are using 10% up until 31st December 2021 and 12% from 1st January 2022, then you would enter the rate current rate as 12% and the rate and date for Previous FRS Rate as 10% with a date of 1/1/2022.