We are currently set up to file our VAT returns quarterly but there are occassions where we receive some late purchase invoices out of the blue by other departments within the company
Sometimes these invoices have a tax point which would have been part of a previous VAT return but has since been filed
Of course we book these into the system with the current GL date and an invoice date that matches up with physical suppliers invoice
As a result the VAT recovery debit entry will be entered into this accounting period
Is it ok for this recovery to be part of the input VAT in the following quarter amongst all the other data for the quarter or do we need to seperate it out? (bearing in mind its a self-calculated tax and so is only for our evidence and for HMRC if they were to check)
Is there anything we need to declare to HMRC?