Flat rate VAT - purchase refunds

Problem reported by Vivienne Frankham 7 years ago

We use the flat rate VAT scheme. When inputting purchase invoices, I still include the VAT so that I am able to track the savings. However, when I have a purchase refund, the VAT return is including these as sales and inflating my VAT payable. I can correct this by going back to the purchase refunds and removing the VAT but then I am no longer to fully track the differences between the two schemes. Am I doing something wrong?

Thanks Viv

1 Reply

Hi Vivienne,

I've tested this and can confirm purchase refunds do not show as sales. Are you able to send in your account name and the related PRF number to contact support please?

Tommy

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