Ok, so here is the story.
I am self billing with an agency, they send me a remittance and I raise an invoice to match it, one week they over payed me, 3 weeks later they finally get round to asking for the money back, they have requested the money be returned (I am fine with this) however they are refusing to send out an amended remittance for the correct amount saying "we are unable to process corrected remittances by law".
This has got me thinking, as it stands I have a remittance for them for more than I will ultimately receive from them so am concerned I will be liable for VAT on the whole amount rather than the correct amount.
Or should I ignore their remittance and just go by my own raised invoices and so the only dependency will show on my bank statement which can be explained with the email exchange kept.
I am self billing with an agency, they send me a remittance and I raise an invoice to match it, one week they over payed me, 3 weeks later they finally get round to asking for the money back, they have requested the money be returned (I am fine with this) however they are refusing to send out an amended remittance for the correct amount saying "we are unable to process corrected remittances by law".
This has got me thinking, as it stands I have a remittance for them for more than I will ultimately receive from them so am concerned I will be liable for VAT on the whole amount rather than the correct amount.
Or should I ignore their remittance and just go by my own raised invoices and so the only dependency will show on my bank statement which can be explained with the email exchange kept.
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