Bad debt relief VAT

Forum Categories › GENERAL VAT DISCUSSIONS › Bad debt relief VAT

  • This topic is empty.
Log In Register Lost Password
Viewing 1 post (of 1 total)
  • Author
    Posts
  • 1 November 2018 at 10:48 #55570
    ENRJoleenmm
    Member

    An invoice was raised to my company £25,000 plus 20% VAT in respect of consultancy work. The customer was in financial difficulties, and we not being able to paid. I have finally decided to write the debt off as it has become apparent that it will not be paid. No bad debt relief has ever been claimed in respect of this debt. How should i claim the bad relief and what are the conditions.

  • Author
    Posts
Log In Register Lost Password
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.