VAT that stays out of your way
Quidflo records VAT on every sale and purchase as you work, so your VAT position is built up as you go rather than reconstructed when a return is due.
VAT returns and submission to HMRC are not available yet. Check the roadmap on the features page for what is live.
VAT codes
Apply standard, reduced, zero-rated and exempt codes to lines on invoices and bills.
VAT in the ledger
VAT is posted to its own accounts, so what you charge and what you can reclaim are always visible.
Built with Making Tax Digital in mind
Quidflo is being designed around digital record-keeping so that VAT reporting can follow.
VAT reporting
VAT reports are planned for after the core accounting features.
- VAT tracked as you work
- Less scrambling at quarter end
- Clear audit trail behind every figure
Questions
Can I file my VAT return with Quidflo?
Not yet. VAT tracking comes first. VAT return reporting and Making Tax Digital submission are planned.
More from Quidflo
Try Quidflo
Create a free account to look around. Quidflo is in early development, so you will see the dashboard with sample data while the accounting features are built.