Overpaid VAT

sjkr
sjkr MAAT, AAT Licensed Accountant Posts: 74 💫 🐯 💫
Hi,

If somebody who pays VAT on the flat rate system accidentally overpays, is there any way that it can be reclaimed from HMRC?

Julie

Comments

  • Monsoon
    Monsoon FMAAT, AAT Licensed Accountant Posts: 4,071 🎆 🐘 🎆
    Presumably you can adjust it on the next return like any normal VAT error, subject to the same rules.
  • sjkr
    sjkr MAAT, AAT Licensed Accountant Posts: 74 💫 🐯 💫
    Thanks, that's as I thought!
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