Retrospectively claiming VAT

Accounting
1

Hi,

I just realised that all the Royal Mail postage claims I have made in the past for tracked services have been flagged as non vatable, when in fact they are all vatable. I can easily workout the amount of additional VAT I need to claim in the next submission. However, I do I account for this now that all the previous invoices tied to historical submissions have been locked?

2

Hello @dipens

Depending on the amount, you could add a manual adjustment on your next vat return.

3

Thanks Steve for the info

4

How do you know if theres vat on them? I was always told royal mail postage was exempt. Be handy if there was vat to claim back

5

Depends on the service you are using. Tracked 24/48 and some of the special delivery services (not basic one) inc VAT

https://www.royalmail.com/information-vat-and-postal-services

Came in to force in 2010 I think.

6

Thanks. Thats really helpful. Appreciate you taking the time to post the link.

7

The slightly facetious response would be “if the receipt/invoice says so”. Ultimately that’s what matters - if you don’t have a VAT invoice or receipt that shows the VAT then by definition there’s no VAT you can claim.

2 Likes
8

Absolutely!
The receipts from the post office usually specify the VAT rates, be it exempt for 1st and 2nd class or standard rate for special delivery.

9

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