need help re vat change
numberz
Registered Posts: 44 Regular contributor ⭐
HI everyone
Hope you could help....
I'm at work today and need to issue a credit note for a invoice we sent out in december under the 15% vat code
can i send the credit in 15%vat or will i have to send it in 17.5%??? please help as unsure ???
Many thanks
Luci
Hope you could help....
I'm at work today and need to issue a credit note for a invoice we sent out in december under the 15% vat code
can i send the credit in 15%vat or will i have to send it in 17.5%??? please help as unsure ???
Many thanks
Luci
0
Comments
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surely the credit will need to be at 15% VAT as this is what was originally charged.Regards,
Burg0 -
I would agree that the credit should show VAT at 15%0
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Thanks for replys
I was going to do 15% just wanted to check i could do that as i had this prang all of a sudden telling me is that right ha ha
thanks again
Luci0 -
Does this help?
http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-rise-guidance.pdf#sec21
see 4.1.11 I know it says refunds but I presume it applies to credit notes which are refunds after all.
Oops! too late!0 -
Does this help?
http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-rise-guidance.pdf#sec21
see 4.1.11 I know it says refunds but I presume it applies to credit notes which are refunds after all.
Oops! too late!
thanks for link - found it really useful
Luci0
