General VAT for the club
Each club in Nettla can set its own default VAT rate, which in the UK is typically 20%. This rate will:
โ Appear on player receipts for transparency.
โ Be recorded in Stripe alongside the corresponding transaction for accurate reporting.
Stripe x Nettla articles
When your club is onboarded to Nettla, all the articles you sell (bookings, memberships, packages, etc.) are automatically registered in Stripe with the default UK VAT rate (20%).
๐ This means no extra setup is requiredโNettla has already configured the default VAT handling during the Stripe integration process.
Stripe x UK accounting software
To simplify financial management, Stripe integrates with the most popular accounting software in the UK, including:
โ Xero
โ QuickBooks
โ Clear Books
โ FreeAgent
๐ For seamless accounting automation, we recommend consulting a cloud accountant who can help you get started with those integrations correctly.