Tag Archives: completing

Completing Your VAT Return

Completing your VAT return can be confusing and troublesome. When completing your standard VAT return, remember: 1) Boxes 1 to 5 are tax boxes;2) Box 2 is for intra-EC acquisition tax only;3) Boxes 6 to 9 are net of tax and rounded to whole numbers;4) Box 6 includes the net value of outputs, including taxable, exempt and…