Accounting Tutorial: VAT Explained Box 2 - Level 2, 3 and 4 with Miss Finance - valued added tax
Channel: Rebecca's Finance Tutorials
Date: 2020-08-28

Bookkeeping 101 and bookkeeping basics

I have over a decade experience in finance and have tutored and managed many students to become both AAT and ACA qualified. In this video I go through exactly what the different boxes on a VAT return relate to, and specifically box 2 and how the VAT here is calculated and the reasons behind why the VAT is calculated and accounted for in this way.

Here is a link to the money laundering tutorial 
https://youtu.be/IMhsL6dsucw

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#aat #prepayments #debits and #credits #VAT #VAT Explained opinions audit opinions explained