Embarrassed - VAT not paid by agency

[northernladuk]

Could you remove client and agency names too please?

You can do it <modsnip>. You can edit your own posts with a button at the bottom of the post.

[choci]

Which names? , , ?

You can do it. You can edit your own posts with a button at the bottom of the post.

Cheers, I've done that.. could you remove them from that last post too please?

[WordIsBond]

Cheers, I've done that.. could you remove them from that last post too please?

You want to ask MarkyMark to clean up this one.

You want to edit this one where you quoted him, the quote contains your name.

The second paragraph in this one has a name, too, you'll want to get that.

Good luck with it all.

[NotAllThere]

All edits in place. I think.

[WordIsBond]

All edits in place. I think.

What a hero. I think.

[LondonManc]

What a <snip>. I think.

Today's caption competition?

[stek]

What was the name removed then, l missed all the fun?!!

[northernladuk]

What was the name removed then, l missed all the fun?!!

New poster being a bit naive... Bit of a running theme it appears.

Nothing to see here. Move along.

[TheCyclingProgrammer]

This thread has gone a bit meta...

OP, if I'm understanding your post correctly, you were on a self-billing arrangement with the agency, but because you hadn't provided them with evidence of your VAT registration status, the invoices they raised did not have any VAT on them (effectively, you have not charged them VAT).

This means either the invoices need to be re-issued with the correct VAT added (and the previous invoices credited via a credit note). Alternatively you may be able to send them an invoice for just the missing VAT although I'm not sure if this is the preferred way of doing things (the agency may want properly re-issued VAT invoices to support their own ability to reclaim that input VAT).

That just leaves the question of what you've been entering in your VAT returns up until this point, and are you on the flat-rate scheme?

If, for arguments sake, you've been paid £50000 over the last year, have you treated that as a gross amount in your VAT returns? If so, then you would have also under-reported the VAT owed and you may need to re-submit your VAT returns for each quarter.

You need to speak to the agency and ask them how they'd like to handle the wrongly issued invoices and speak to your accountant about sorting out the VAT return mess.

[NotAllThere]

What was the name removed then, l missed all the fun?!!

Geraldine Arthur Frasier.