Deregistered for VAT

AngieQM · ‎November 17, 2020

Hi,

We deregistered for Vat starting 1st October 2020. My question relates to Cash Accounting and sales invoices that were posted in QB with a date before October but were paid after 1st October. Should I edit these invoices to show no VAT?

Thanks in advance for any help received.

Angie

Ashleigh1 · ‎November 17, 2020

Hello AngieQM,

Welcome to the Community page,

You would need to speak to HMRC to see if the last return should be done on accrual or not.

View solution in original post

Ashleigh1 · ‎November 17, 2020

Hello AngieQM,

Welcome to the Community page,

You would need to speak to HMRC to see if the last return should be done on accrual or not.

AngieQM · ‎November 17, 2020

Hi Ashleigh,

Our VAT returns are up to date and filed online manually. HMRC has marked our last return as final.

Ashleigh1 · ‎November 17, 2020

Hello Angie, that's great to hear so it shouldn't really matter then as you will not be filling any more returns.

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Deregistered for VAT