HMRC VAT Return with late payment

[VectraMan]

How did you swap? I thought you could just chose to do your VAT accounting on a cash basis, do you need to register with HMRC in some way that this is what you are doing?

I did it recently thanks to a non paying client, and no you don't need to do anything special. Just be sure you don't miss out invoices or count them twice in the transition.

There's a turnover limit for cash accounting IIRC.

[techno]

How did you swap? I thought you could just chose to do your VAT accounting on a cash basis, do you need to register with HMRC in some way that this is what you are doing?

I just started at the next VAT period, didn't have to apply or register for anything special

[AlanR]

Lifted straight from the HMRC VAT Webpage

Joining the cash accounting scheme

You do not need to complete an application form or advise HMRC to start using the cash accounting scheme.

You can start using cash accounting for VAT:

* at the beginning of any VAT period if you are already registered for VAT
* from the day you register for VAT if you are not already registered

If you are already registered for VAT when you start using cash accounting, you must make sure that you do not account for VAT twice on any sales or purchases. You must identify and separate any transactions in your records that you have already accounted for using standard VAT accounting.

[Manic]

Thanks all for your input.