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You鈥檒l need to include:

• your total sales and purchases
• the amount of VAT you owe
• the amount of VAT you can reclaim
• the amount of VAT you鈥檙e owed from HM Revenue and Customs (HMRC) (if you鈥檙e reclaiming VAT on business expenses)

You must include the VAT on the full value of what you sell, even if you:

• receive goods or services instead of money - for example if you take something in part-exchange
• have not charged any VAT to the customer - whatever price you charge is treated as including VAT

Read the guidance on completing your VAT Return.

If you鈥檙e registered for VAT in Northern Ireland, you must include EU sales on your VAT Return and complete an EC Sales List.

Accounting for import VAT

You can account for import VAT on your VAT Return by using 鈥榩辞蝉迟辫辞苍别诲 VAT 补肠肠辞耻苍迟颈苍驳鈥�. This allows you to declare import VAT and reclaim it as a business expense on the same VAT Return.

Using estimated figures

Ask HMRC for permission to use estimated figures. You鈥檒l need a good reason why you cannot give accurate figures on your VAT Return.

If you鈥檙e allowed, you will not be charged a penalty unless you miss the deadline or make a careless or deliberate error. You鈥檒l normally have to give the correct figures in your next VAT Return.

Claiming relief on bad debts

If a customer does not pay you for goods or services, you can write off the invoice as a 鈥榖ad debt鈥�. If you鈥檙e in this situation, you might be able to claim relief from VAT.

To qualify for the relief:

• the debt must be older than 6 months
• you must submit your claim within 4 years and 6 months of the date the payment was due or the date of supply (whichever was later)
• you must not have sold the debt on
• you must not have charged more than the normal price for the item

You need to keep records about the debt. Submit your claim for a refund in your VAT Return.