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Calculate the VAT paid or payable.
Calculate the standard rated VAT that has been paid or will be paid on amounts entered.
The amount being considered for VAT.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
So feel free to get in touch with any questions and queries that you may have.
HMRC is urging VAT-registered UK businesses which trade exclusively with the EU to be prepared for a no deal Brexit.
HMRC has extended its Making Tax Digital for VAT pilot scheme to all eligible businesses.