A new personal tax client has asked me to close a company for them.
Accounts have been filed but the sales were booked gross and no VAT returns or corporation tax returns were filed.
So the VAT returns need to be filed and VAT paid but I also need to take the VAT out the P&L to reduce the corporation tax.
Would you file amended accounts or can you deduct the VAT in the tax comp?
If you amend the accounts then do they have to go to Companies House or can you just attach to CT600?
I just want the simplest option for the client. They did have an accountant.