Indirect tax help

In the vat account there is purchases and sales returns on the debit side and sales and purchases returns on the credit side. So for box 1 would you put sales +purchases returns?


  • Jules18
    Jules18 Registered, Tutor Posts: 102 Dedicated contributor 🦉
    No - Box 1 is Sales minus sales returns plus other items such as fuel scale charge. The VAT Return does not follow the control account when it comes to returns.
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