VAT Return

Problem reported by Steve Mursell 10 years ago

Michael Evans Hello Steve,

Your last comment didn't appear to reopen the ticket for my colleague to respond to, apologies for this inconvenience. This issue was only brought to our attention again because of your community post so thank you for sending that in.

I will be looking into this issue in due course and will update you as soon as I can.

All the best,

Michael Evans Technical Support Analyst +44 (0)8448 160 633

Clear Books plc Lyric House, 149 Hammersmith Road, West Kensington, London, W14 0QL Company Number: 06636109 VAT Number: 974138008

15:41 on Oct 22, 2014 Michael Evans Michael Evans Morning Steve,

Can you give me an example of an invoice where following the process suggested by my colleague does not update it on the VAT return?

All the best,

Michael Evans Technical Support Analyst +44 (0)8448 160 633

Hi

Yes it is invoices 1709,1710, 1711

A previous pos/question t that now doesn't seem to show up on my community feed was whether the dates of the invoices in question were before the start of the FRS. This is the case. However we use the cash accounting system so I was under the impression the that it was the paid date that was important rather than the invoice created date.

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3 Replies

Hi Steve,

As you have changed VAT schemes you will have to do the following, delete the VAT return if not already submitted. Edit and update the bills and invoices if they do not already have allocated payments.

If, however, they do include payments. You will have to delete they payments, press update on the invoices, each in turn, and then reallocate the payments.

After this you will be able to recreate the VAT return with all the correct details.

I hope that this is helpful.

Many Thanks

Chris

10 years ago

The paid date is important to determine the period during which you hand the VAT over to HMRC. However, it is the tax point on the invoice that is relevant in terms of the % being used.

10 years ago

Just to confirm though, the above as mentioned by Chris will have no bearing on those invoices raised prior to entering the FRS.

10 years ago

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