Include late claims on a VAT Return
If you have late claims in your VAT reporting period, you can include them on your VAT Return. Late claims are transactions from a past period that you enter in the current VAT period.
The reporting period for your late claim depends on your organisation's VAT scheme:
- Accrual basis - Determined by the transaction date.
- Cash basis - Determined by the payment date.
Late claims are included in your VAT Return when you select the Include VAT Late Claims checkbox.
You can view late claim details on the VAT Audit Report in a separate section for each VAT rate, for example, '20% (VAT on Income) Late Claims'.