VAT

Explains the basic principles of VAT

Explains how to set up VAT calculations on an Expense Item.

Explains how VAT is calculated for different expenses.

Explains how to enable the option which allows your Assure Expenses system to automatically allocate available VAT from fuel receipts against applicable mileage expenses.

Explains what must be displayed on a VAT invoice.

Explains how Assure Expenses allocates the VAT from Mileage Expense Items against appropriate Fuel Receipt Expense Items, in line with the rules implemented by the HMRC, for the 6th VAT directive.