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VAT corrections time limit

DcollinsDcollins Well-KnownRegistered Posts: 179
Does anyone understand these paragraphs from HMRC's website? They're referring to the 3 year time limit for correcting errors, which increased to 4 years from April 09.

"The time limit does not apply to errors in the amount of VAT on the return immediately before or immediately after the return for which the amount was due. These can be corrected at any time."

"There are time limits for correcting errors but if the errors are errors in the amount of VAT on the return immediately before or immediately after the return for which the amount was due these time limits do not apply."

Can anyone explain what they mean?

Comments

  • MonsoonMonsoon Font Of All Knowledge FMAAT, AAT Licensed Accountant Posts: 4,071
    Dcollins wrote: »

    Can anyone explain what they mean?
    No. I think this bit fails at plain English! Very confusing - can anyone translate?!
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