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FFraser
Sep 3, 2020 1:46 PM UTC
Question

Holiday lets

Hi there - we have a holiday let business - I want the invoice date to be the date of the sale. I can do this and put the deposits on the invoice - so that is all good, however we use cash accounting and the VAT due on the deposit is not showing on the VAT return - any ideas? Thanks 

1 reply

GeorgiaC
Sep 3, 2020 2:40 PM UTC

Hi FFraser,

 

Thanks for joining us here on the Community. 👋

 

Do you have the VAT scheme set to the Cash method with an effective date that comes before the date of the deposit?

 

You can check these settings by going to Taxes > Edit VAT > Edit settings. ✔️

 

 

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