VAT After Submitted?

[bakedplan]

Hey,

Can you reclaim VAT on a previous transaction which should have been part of the VAT return (That is submitted) but accidentally forgot to include...

Many thanks for all responses.

 

[STDFR33]

Generally if it's within 4 years, yes. But how it gets reported depends the amount.

 

[bakedplan]

Generally if it's within 4 years, yes. But how it gets reported depends the amount.

Thanks for the quick response, how would I go about doing this? Our software is Xero and it's between £300-£500 of VAT we've not reclaimed but paid on invoices.

Cheers

 

[TheCyclingProgrammer]

You should be able to submit as a correction on your next return. Not sure if Xero will let you do that easily.

 

[UK Contractor Accountant]

https://help.xero.com/uk/VAT-LateClaims

 

[TheCyclingProgrammer]

PM me with your VAT queries

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