Group VAT Returns
We have recently entered into a group VAT registration. However, there is no functionality in Xero to make the submission as a group. We have to create the VAT returns in the individual entities and then import VAT box amounts, which means we lose the audit trail in Xero. Also if we were to receive a VAT inspection would mean that we cannot provide HMRC with just one return we would have to provide them with multiple.
Need the additional functionality to link companies via a VAT registration number and submit the return (from any one of those entities).
Jamie Crick
shared this idea
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