How to account for bad debts

I have two or three unpaid invoices from last year. How can I recover the VAT that I have already paid on my returns?

After 6 months. A bad debt button will appear on the invoice. Click it and it will be marked as such and the vat will be included in your next return.

And to pre guess your next question, no you can’t recover vat on a bad debt before 6 months.

This topic was automatically closed after 7 days. New replies are no longer allowed.