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The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> Treatment of VAT when supplier paperwork is missing
Post Info TOPIC: Treatment of VAT when supplier paperwork is missing
Eva D Maytree


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Treatment of VAT when supplier paperwork is missing
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Hi,

there seems to be conflicting advice from the various accountants I work with (I'm a freelance bookkeeper) as to the correct VAT rate to use when a receipt/bill is missing from a UK-based supplier, and won't be able to be found.

For example, a purchase of fuel is being coded by one accountant as ZR and the other as carrying 'No VAT' (in Quickbooks & Xero).  Normally this supply would carry VAT but in the absence of supporting paperwork I wouldn't apply it.  I don't agree though with using the 'No VAT' rate as the transaction then doesn't appear on the VAT return at all.

Would appreciate your thoughts :)

 

Eva.



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Shamus


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Surely thats correct.

If there is no paperwork then the transaction never happened so the only place it can go is to the DLA..... It's certainly incentive for them to ensure that next year they have every bit of paperwork!

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Truemanbrown


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In HMRC VAT Internal Manual, there is some discretion allowed to HMRC staff if they find that there is no valid VAT Invoice.

You can find a link to the manual here.

 



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