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The Book-keepers Forum -> VAT, Payroll & Tax -> VAT return errors
Post Info TOPIC: VAT return errors
JoBooth


Veteran Member

Status: Offline
Posts: 57
Date: Tue Jan 24 16:16 2012
VAT return errors
 

Hi,

I took on a new client last year and was told that the vat was annual but I've submitted a vat return for the last quarter for the whole year and now HMRC won't pay the refund as the previous 3 vat returns haven't been submitted.

I've spoken to HMRC but they are very unhelpful so I wondered do I:

a) submit 3 x £Nil returns, or,

b) submit the previous 3 x returns as they should have been and complete form VAT652 Notification of Errors in VAT Returns?

My client is a butcher so his VAT return is always for a refund and for last year was for a refund of £3k.

Do you think I will be liable for penalties too?

Thanks for any advice!



__________________
Joanne Booth
fin6y


Member

Status: Offline
Posts: 24
Date: Tue Feb 14 16:41 2012
 

I would send a letter to the VAT Error Correction Dept, explaining what has happened, details of what the figures should have been, and also how the error arose. It may be a good idea to also include a VAT652.

I'm not sure how penalties work when there is a constant refund situation - one of my clients who always gets refunds never brings his paperwork in on time so his returns are always late and yet he never gets a penalty!

__________________
Faye

JoBooth


Veteran Member

Status: Offline
Posts: 57
Date: Tue Feb 14 19:18 2012
 

Thanks Faye. All sorted, I just sent the previous 3 returns with £nil balances and they were accepted. Phew!


__________________
Joanne Booth
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