11. Managing group settings

Once you have created your group entity using your representative member’s details, you will be able to access the Group settings, via the Group entity dashboard.

1. From the Entity management screen, click on your group entity name and the Group entity dashboard will be displayed.

2. Click on the Group settings button.

3. The Group settings dialog box will appear detailing the following options available for Partial exemption. The default setting for each of these is No. If these settings apply to your group entity, you can change the default by clicking on the Yes option.  The options available are:

1. • Recovery percentage rounding – residual input tax exceeds £400,000 per month on average?

   • De minimis – exempt input tax is not more than £625 per month on average, and 50% of the total input tax?

4. Once you have made your selection, click on Save.

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