Hi all
Sorry for the stupid question, although not sure how much of an issue this is in reality? It probably is.
A few years ago the client incoporated but carried on using their pre-incorporation VAT details, without transfering to the limited company.
Big d'oh. How much of a world of pain am I in?
Replies (3)
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Very, very little, assuming there is no loss of VAT.
Update the Client's details at HMRC.
Don't lose sleep.
I had the same query a couple of months ago:
https://www.accountingweb.co.uk/any-answers/vat-transfer-from-sole-trade...
and received confirmation yesterday that details have now been transferred with no further implication.