My company is running a cash accounting scheme.
I have a business client, who used to pay my VAT invoices including VAT - no trouble here, everything worked fine.
They now paid an invoice without VAT, but the full net amount due. I know that that is possible in a B2B context, but I never had to process that in my books. So, how do I:
- mark the invoice as fully paid up,
- flag the invoice so that no VAT is due
- ensure that my MTD process does not falsely report undue VAT payable?