VAT: N/A deprecated?


#1

Hello!

I’ve just noticed that the non-numeric VAT values in the web interface no longer include N/A, but do now include Exempt and Out of Scope.

Is N/A no longer valid?

Many thanks in advance!

Yours,
Andrew Stewart


https://doubleagent.io – productivity for your FreeAgent account :slight_smile:


#2

Hi!

That’s right. We’ve replaced the N/A rate with Exempt and Out of Scope, so now you can specify whether transactions should be included in your VAT return or not. Existing N/A transactions have been migrated to whichever of Exempt or Out of Scope matched their old behaviour.

Best regards,


Simon


#3

Hi Simon,

Thank you for the explanation!

Yours,
Andrew