Just issued an invoice this morning for the debtor to bounce an email back to say the company is going into liquidation. Nothing showing at Companies house, although I have just spoken to the liquidator appointed who has confirmed that will be the case and forms will be issued in a couple of days.
Just wondered what the consensus view was on the invoice I issued this morning. Especially given I have issued further ones to other debtors, so now its a few down in the sequencing. Whether to delete. Which I dont think is right. Or Credit note - which would just be internal purposes and is strictly speaking against the VAT rules. Or leave as is, suffer the VAT (not much £££, but still!) and put the whole lot through on the claim.
The invoice is for the work in May and June so its a valid invoice. But in reality I know we arent going to see anything back from this lot!
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
Well I've made my mind up and am sticking with what is really the right answer, and what I had decided a few minutes before posting earlier, annoying though it will be that I can't now claim the VAT back for my client until at least six months have passed.
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
