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Andy Tenkai shared an idea in FreeAgent Central on January 06, 2009 11:31:
Remittance Advice for BillsI love the Bills feature, perfect for keeping track of payments to subcontractors. However, it would be good if you can press a button and send a remittance advice email for a bill you've just paid along with the date when the funds should arrive in their account.
It would also be good if I could link a bill to an invoice (just for tracking purposes) - ie invoice to client is for the same period as the subcontractor bill.-
Andy Tenkai replied on December 05, 2008 17:27 to the question "Flat rate VAT on bank account interest" in FreeAgent Central:
Thanks for this. Should FreeAgent be changed to reflect this ? (or can it be done with the existing system, I can't immediately workout how to do this) -
Andy Tenkai asked a question in FreeAgent Central on December 05, 2008 15:08:
Flat rate VAT on bank account interestI cannot include bank account interest on the VAT return info via freeagent......
My accountant insists that flat rate VAT must be paid on all business income including bank account interest and showed me the document at the following url:-
http://customs.hmrc.gov.uk/channelsPo...
3.3 talks about bank account interest being an exempt supply
6.2 says flat rate must be paid on all excempt supplies
As freeagent doesn't include this in the calculation on the VAT return screen, please could someone clear this up for me?
Many thanks
Andy.
