What is VAT Returns? A VAT Return calculates how much VAT should be paid. I f your business is VAT registered, you must produce a monthly or quarterly VAT Return. Once you’ve created the VAT return , you can also record your payment or refund of VAT. Accounting Software automatically calculates VAT you owe depending on your VAT scheme and the rates you choose when entering your transactions. Once you have completed your VAT return you can then save, print or submit the VAT return online With online VAT software Sage UK , Quickbooks UK and Tally ERP you can calculate and submit your VAT return online in some simple steps. With built-in VAT tools, software helps you stay friends with the VAT man and gives you peace of mind. It supports all major VAT schemes and completing your VAT return is really quick and easy. Simply select the date range you want to run the report for and VAT Accounting Software will generate the VAT return based on the information you...