Backdating vat

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The bad debt relief claim in relation to a VAT only invoice is restricted to the VAT fraction of the VAT only invoice.It may seem unfair that the bad debt relief available on a VAT only invoice is restricted to the VAT fraction of the invoice.

Because your registration is done by those twunts at hmrc, you dont know which quarter you'll fall into.Last time I did it, they actually backdated mine to the previous quarter.Normally having vat only invoices paid causes no issues; I wonder if there is something else behind the scenes here, eg a bad relationship with customer?The time at which he was entitled to negotiate an earlier date was at initial application and, once registered, his entitlement was extinguished.Similarly, a trader who has deregistered can not apply for retrospection.

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