Set up your business profile and VAT

Your business profile controls what appears on customer-facing invoices and how DashVue calculates VAT and tax-year reporting. This article walks through each section on the Business Profile settings page and what it’s used for.

Trading details for invoices

Fill in your business identity first: your business name and business type (Sole Trader, Limited Company, or Partnership). This appears at the top of every invoice DashVue generates for your customers.

Next, add your address (address line 1 is required, line 2 is optional, plus city and postcode) and your contact details. Contact email and phone are both optional and only show on invoices if you fill them in, so leave them blank if you’d rather not display them.

You can also upload a logo (PNG or SVG works best) to appear at the top of your invoices. Once uploaded, use the invoice preview to check how it looks before your customers see it.

VAT registration and scheme

If you’re VAT registered with HMRC, switch on “I am VAT registered with HMRC” in the VAT registration section. This tells DashVue to factor VAT into net profit, fee VAT reclaim, and invoice subtotals.

Once switched on, you’ll need to choose:

1. VAT number, in the format GB 123 4567 89.
2. VAT scheme: Standard Rate (20%), Flat Rate Scheme, or Margin Scheme (for second-hand goods).
3. If you pick Flat Rate Scheme, your FRS rate as a percentage, taken from your sector’s published rate on HMRC’s list.

Tax year and trading allowance

Set your tax year start date so reports use the correct fiscal-year boundaries. Options include 6 April (the UK standard tax year), 1 January (calendar year), 1 April, or 1 October. Pick whichever matches how you or your accountant report income.

If you’re an eligible self-employed trader using the trading allowance, switch on “Using trading allowance (under £1,000)”. This reflects that you can claim up to £1,000 of trade income tax-free, and helps DashVue’s reporting match how you actually account for that income.

Who can edit this page

Business profile details are visible to your whole team, but only teammates with the relevant edit permission can change them. If you’re on a team plan and can see the fields but can’t edit them, ask the account owner to grant you access from the Team settings page.

See the related articles below for more on setting up your DashVue account.