Bad debt claim

Bad debt relief

Contents

Customer's consent

Damages for fraud

Decrease in consideration

Deduction of VAT

Different rates

Documents qualifying as

Effect on attribution of input tax

Formal requirements

Generally

Goods obtained by fraud

HMRC's consent

Increase/decrease in consideration, meaning

Input tax

Attribution

Generally

Insolvent traders

Internal: changed method of calculating consideration

Invoices and change of VAT rate

Issued as no supply

Issued to VAT-registered person

Keeping

Local authorities and similar bodies

Loss of tax revenue

Management charges

Mistakes in supply

Output tax

Overpaid output tax, entitlement to claim

Payments in advance followed by non-performance

Rate of VAT changes

Rebates

Repayment of input tax previously claimed

Replacement of goods

Repossessed goods

Generally

Validity

Retention period

Reverse charge: carousel fraud

Self-billing system

Solicitors

Generally

Validity, conditions

Transfers of going concerns

Unauthorised work

Validity

Correction of mistake/overcharge

Generally

VAT adjustment and four-year cap