Home For accounting professionals VAT
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


VAT Only Invoice

DavidbyworthDavidbyworth Registered Posts: 71
Hi

A new client (sole trader) has come to me with their accounts and I have noticed they went over the VAT threshold in August. I have now applied to be VAT registered for them.

I just wanted to check next steps. Will a VAT only invoice for the amounts after they went above the threshold be sufficient as will still be within the quarterly return.

Comments

  • douglasstrouddouglasstroud Registered Posts: 166
    I take it you mean the threshold was breached by using the rolling 12 monthly basis and not just since April.
    If your client went over the threshold in August 2018 then HMRC must be notified by the 30th September and VAT charged on supplies from 1st October
    MarieNoelle
Sign In or Register to comment.