Bad debt relief VAT

Forum Categories GENERAL VAT DISCUSSIONS Bad debt relief VAT

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    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.

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