How do I reclaim vat bad dept vat

You can adjust the box 4 section of your return to account for the bad debt reclaimed VAT, jhwilliams.

I suggest reaching out to your accountant when making the necessary adjustments for guidance.

Here's how:

1. Navigate to Taxes, then VAT.
2. In the Returns tab, select Prepare return.
3. Click Adjust beside Box 4.
   
4. Fill in the necessary details.
5. Hit Save.

For more information about the conditions for reclaiming VAT on bad debts, explore this article: Relief from VAT on bad debts.

Additionally, you can run a VAT Liability report to show your taxable and non-taxable sales, and how much VAT you’ve collected from customers.

We're dedicated to ensuring your financial records are accurate and tax-compliant. Keep me posted if you have additional questions about managing VAT or any other QuickBooks-related concerns