Re Vat Return

karolmc100

I am missing a sales invoice and need to submit vat return can i submit it in next period or how does it work

Calahonda52

If you will get a replacement copy and you know the amounts just book it anyway

thegolfer

Are you preparing your VAT return on the cash receipts basis or invoice?

Generally yes you can.

karolmc100

Cash reciepts basis

Stratvs

On cash receipts basis if the sales invoice has been paid you include it. If it has not been paid you don’t include it until the period in which it is paid.

karolmc100

would it cause any issue if I didn't include it till the next period as I don't have figures from invoice and wont be able to get them by tomorrow when I need to submit it

Stratvs

Stratvs wrote: »

On cash receipts basis if the sales invoice has been paid you include it. If it has not been paid you don’t include it until the period in which it is paid.

karolmc100 wrote: »

would it cause any issue if I didn't include it till the next period as I don't have figures from invoice and wont be able to get them by tomorrow when I need to submit it

If it was not paid in the period you don't need to include it yet.

If it was paid in the period do you not have the amount paid to your bank? If sales are all at one rate then you can work it out. If there may be different rates then that is obviously a problem as the amount paid wouldn't help without having the invoice.

If you can't realistically include it then it can be put into the next available period.