Tips & Advice VAT

How to deal with an unexpected payment of a bad debt

One of our subscribers recently received a part payment from a bankrupt customer. The debt related to supplies made at different VAT rates, and had been written off in the accounts. How should he deal with VAT on the windfall?

Login with your username and password to access this content.

Free online demonstration

Discover all the possibilities of this online solution with a free, no obligation demonstration. A member of the team will take you through its features and benefits absolutely free of charge. No risk, no strings, no charge.

Annual subscription

I'd like to take out an annual subscription for just £599 + VAT

Price: £599 + VAT

© Indicator - FL Memo Ltd • Telephone: (01233) 653500 • Fax: (01233) 647100 • customer.services@indicator-flm.co.uk • www.indicator-flm.co.uk
Calgarth House, 39-41 Bank Street, Ashford, Kent TN23 1DQ • VAT GB 726 598 394 • Registered in England • Company Registration No. 3599719