simonjude
Level 2

VAT

just read this post as we are in same situation being in the motor trade dealing which involves the  VAT margin scheme - sorry but this advice flies in the face of the new MTD regs  coming in April 2022.

and  therefore will  NOT compliant or acceptable.

We have looked at Quickbooks to help as a solution but there seems to be no provisions to accept our existing margin scheme software -anyone have any thoughts or where to  go or what to try next ? we currently use Motor trade Assistant -many thanks Simonjude-Hubers Garage