- Original Poster
- #1
Hello. Help with advice. Thank you in advance everyone for the answers.
I discovered an error in my VAT return for 1 and 4 periods 2021, I have registered as the flat rate scheme, but for the first two quarters I filed my VAT returns in the usual method (don't ask me, this is a long story).
Now I need to correct the amounts in all boxes.
I want to make an adjustment as soon as possible before the end of the current reporting period and cancel my VAT registration as it no longer makes sense.
Could you tell me how best to proceed?
Can do I submit the VAT652 form in May and not wait for the end of the reporting period, as I would like to cancel the VAT registration as soon as possible?
The net value of VAT errors on previous returns £875, it means
I need to pay an additional VAT £875.
I am looking forward on your replies.
I discovered an error in my VAT return for 1 and 4 periods 2021, I have registered as the flat rate scheme, but for the first two quarters I filed my VAT returns in the usual method (don't ask me, this is a long story).
Now I need to correct the amounts in all boxes.
I want to make an adjustment as soon as possible before the end of the current reporting period and cancel my VAT registration as it no longer makes sense.
Could you tell me how best to proceed?
Can do I submit the VAT652 form in May and not wait for the end of the reporting period, as I would like to cancel the VAT registration as soon as possible?
The net value of VAT errors on previous returns £875, it means
I need to pay an additional VAT £875.
I am looking forward on your replies.