The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> VAT assessment/s - how to resolve over payment?!!
Post Info TOPIC: VAT assessment/s - how to resolve over payment?!!
lil miss


Member

Status: Offline
Posts: 10
Date:
VAT assessment/s - how to resolve over payment?!!
Permalink  

Hi folks,

Hoping for some wisdom from you guys! !

New book keeping client, been issued with 2 assessments for VAT following failure to submit returns (she registered herself for VAT without a clue on what needed to be done)... Turns out amounts paid over to HMRC far exceed actual amount that would have been payable - can this be refunded in some way? If so, how do I go about getting this done?

Excuse ignorance, never had this particular issue before!!

thanks guys.
smile

__________________
Gemma12


Veteran Member

Status: Offline
Posts: 41
Date:
Permalink  

never had this situation myself, but you could always contact the HMRC - they are not quite the horrid *******'s that people think they are.

I've always found them to be really helpful - just explain the situation and I'm sure that you can get the situation recified

another way would be to adjust the fgures on the next VAT return as long as the error is below the threshhold (which I think is about £2000)

Gemma

-- Edited by Gemma12 at 14:00, 2008-11-24

__________________
lil miss


Member

Status: Offline
Posts: 10
Date:
Permalink  

thanks gemma, I will give them a call.

I was just wondering if anyone had first hand experience of the situation on here thats al.  I will post what I find out(assuming I find out anything!), to aid others in the future....

Anyone else out there had this issue before??
smile

__________________
lil miss


Member

Status: Offline
Posts: 10
Date:
Permalink  

Just incase anyone out there is interested, the HMRC solution is to fill in the old VAT returns and send them in anyway, they will then sort out the refund due their end.



__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> VAT assessment/s - how to resolve over payment?!!
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About