VAT on Purchase Invoices > 6mths overdue

The unpaid invoices (will be paid later) to the supplier - On the VAT Return does the client enter a credit note for the VAT element already claimed, so that it is deducted off the VAT Return 03-12.  Is anything needed in the turnover box.   And then when the client does pay the invoice, he will enter an invoice for the VAT element only?  It is also his Yr End 31 March 2012 so creditors/accruals need to reflect the VAT. What book-keeping entries required please.

Comments
There are 2 comments. Login or register to view them.

You raise the invoice, you pay the VAT, unless ...

slarti |

Yes, VAT input tax on

alattax |