Vat Deregistration
Companies can de-register from VAT once they fall below the threshold. As a contractor this happens quite often to me as my revenue varies.
Unfortunately Zoho Invoice does not allow VAT de-registration, so does not reflect the real world.
I want to change my org settings to disable the VAT number field - so that I can be sure it doesn't creep into any of my invoices.
Currently if there are any previous VAT invoices it's impossible to disable this field.
Michael Hayes
shared this idea
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Michael Hayes
commented
When I contacted the support they suggested creating another organisation, however this is a lot of additional complexity for something which should be simple.
Instead I've changed the VAT treatment to EU - non VAT registered for all my UK clients so VAT does not apply to them. This is clumsy because if I register again I will need to update each one individually again.
So simply being able to set whether VAT is currently applicable or not in the settings, and have the invoices created based on the current setting, would be far better.