Changing VAT scheme to non registered

Question

My company is non VAT registered so I'd like all transactions (purchases or sales) to default to No VAT on posting (default is 20%). Under Financial Settings there is a VAT section and default scheme is Standard. When I try to change this to Not Registered it says I have to submit a VAT return before changing schemes. Is there a way round this?

Jone · Accepted Answer

Actually Andy, I think I've sorted it. I went in and created a manual VAT return for the latest quarter (without sending to HMRC) - this was blank except for one transaction I could exclude. I marked it as "submitted" and it's now allowed me to change the VAT scheme to non registered. Thank you.

Andy Rickeard · Answer

Hi Jone, Thanks for using Sage City. Once you have started entering transactions on a given scheme, the software expects a VAT Return to be generated for those transactions before the scheme can be changed. If you're using Standard VAT in error and you should be set to not VAT Registered, you need to delete the transactions entered so far, change the scheme and then enter the transactions again. If this reply has helped, please click More > Verify Answer . Regards, Andy Sage UKI

Sage Accounting UKI

Changing VAT scheme to non registered

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