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  1. 1 vote

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    Lynn Collins supported this idea  · 
    Lynn Collins shared this idea  · 
  2. 33 votes

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    Hey everyone, appreciate that this idea's intent is to help save user's time in calculating the VAT, but I wanted to share that it is possible to record partial VAT exemptions, for those who aren't aware. We will continue to to track interest in this idea but in the meantime you can:


    1. Calculate your own your partial exemption adjustment amounts
    2. Enter them as VAT box adjustments on your non-MTD or MTD VAT return

    Alternatively, if you use a set percentage adjustment you could do one of the following:

    • Add a custom Tax Rate for your % rate.
    • Adjust the VAT on each bill to the amount you can claim. Click the + next to the tax rate to do this. (You'll need to use the 'Amounts are' Tax Exclusive option to see it.)

    We recommend you talk to your accounting advisor or HMRC if you need more help with this.


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    Lynn Collins supported this idea  · 
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    Lynn Collins commented  · 

    We deal with alot of medical practices with pharmacies. We cannot bring them on to Xero as the partial exemption is too complicated to do.