When to recover vat on bad debts

When to recover vat on bad debts

Didn't find your answer?

Hi all. Could you please advise when the vat on bad debts can be recovered? I would be grateful.

Replies (4)

Please login or register to join the discussion.

Teignmouth
By Paul Scholes
06th Jul 2015 22:21

Horse's mouth

Here you go

For businesses on the FRS they can recover the full 20% less any FRS VAT that was (or would have been) paid.

Thanks (0)
avatar
By MGD
06th Jul 2015 23:27

Thanks a lot for this but I meant how long after the debt proves bad can the vat be recovered?

Thanks (0)
Teignmouth
By Paul Scholes
06th Jul 2015 23:44

Have another read of the link

and stop at section 2.3

Thanks (0)
avatar
By MGD
06th Jul 2015 23:55

Thanks

Thanks (0)