Early VAT return | AccountingWEB

Early VAT return

The client's VAT period ends on October 31st and there will be a large repayment due to the client. He wants to submit the VAT return now in the belief this will get the repayment to him early.  I expect the VAT return will be held over until the 1st November before it is processed and there is a risk it might be considered incorrect if October's input VAT (as yet unknown) is omitted.  Should I wait until 31st October before submitting or do what the client wants and submit it now ?

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George Attazder |
George Attazder's picture

More info !

halblackburn |

Will HMRC accept the return? or reject the return?

DMGbus |
DMGbus's picture

In these circumstamces, HMRC

ValueAddedText |