ERROR CORRECTION
How to fix an incorrect invoice without losing money
You are reviewing your records in anticipation of a VAT record check. You find a sales invoice from 2016 that was incorrectly zero-rated, meaning £15,000 has been underpaid. How can you correct this without a loss of profit to the business?
Access to this part of
Tips & Advice Business Database is only available to subscribers.
Don't have a subscription?
Subscribe now for immediate access to all the features.
Subscribe