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all "Latest guidance on correcting VAT errors"
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Despite your best efforts mistakes in VAT returns are almost bound to happen from time to time, especially where a large number of transactions are involved. How should you correct them and what are
the consequences of doing so?
Published 05.02.2016
Your new bookkeeper has found a batch of sales invoices, issued a year ago soon after you registered, that didn’t include VAT. Can you now issue an extra invoice to correct the VAT error and how do
you handle the situation with HMRC?
Published 09.03.2021
There’s a right way and a wrong way to correct VAT errors. But recent news from HMRC suggests an increasing number of businesses are getting it wrong and paying twice as much as they should be.
What’s going wrong?
Published 29.09.2010
Under Making Tax Digital for VAT (MTDfV) you won’t be able to submit returns using HMRC’s existing system, known as the portal site. Where does that leave you if you later need to correct a return?
Published 05.02.2019
HMRC’s VAT return portal closes soon. Businesses not using Making Tax Digital for VAT (MTDfV) by then won’t be able to submit their returns and so risk penalties. What’s the full story?
Published 19.10.2022
If you sell services to EU customers via the Internet, there are two important changes to watch out for later this year. What are they?
Published 17.01.2014
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