Morning all.
I have to prepare my VAT return for the quarter which ends 1st June, IIRC. I didn't work for any of that period until 17th May, and my first invoices were submitted on the 27th May. I still haven't received payment for these invoices as yet.
Do I include these in my VAT return, or does it only count for actual monies received? I'm on FRS.
Thanks.
I have to prepare my VAT return for the quarter which ends 1st June, IIRC. I didn't work for any of that period until 17th May, and my first invoices were submitted on the 27th May. I still haven't received payment for these invoices as yet.
Do I include these in my VAT return, or does it only count for actual monies received? I'm on FRS.
Thanks.
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