Agency in administration - Coal IT

[DeadEyedJacks]

If you do cash accounting, whether on the flat rate scheme or standard scheme, then you don't pay any VAT.

If you don't then you get a VAT refund.

Btw there are some accountants who are unaware there is a cash accounting scheme for the flat rate scheme.

Yeah, mine included...
Six months wait for VAT refund on December bad debt.

Now off FRS and on standard VAT cash accounting, so lesson learned on that one.