Cross-border sales VAT compliance ledger support

£76.99

SKU: C6DB6234-F003-C458-7A90-C55D99534BF2 Categories:
Pound sterling (£) - GBP
  • Pound sterling (£) - GBP
  • United States dollar ($) - USD
  • Australian dollar ($) - AUD
  • Euro (€) - EUR

For UK online stores selling to the EU or globally, this feature separately records sales revenue under different tax rates, distinguishing between domestic sales, distance sales, and low-tax-rate goods. It assists in calculating VAT payable (standard rate, tax-exempt rate, or zero rate) and retains cross-border logistics and customs invoices. It generates a VAT accounting sub-module compliant with MTD (Making Tax Digital) requirements, simplifying quarterly filing and avoiding cross-border tax penalties.