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    Value added tax - Administration - Records - Other records - 87060

    In addition to the VAT account, all traders must maintain the following records: - general business and accounting records; - copies of all VAT invoices issued and received; - a record of any...

    Are you missing out on VAT bad debt relief?

    Your new bookkeeper has been looking over your records and says HMRC owes you VAT in respect of bad debt relief for overdue customer bills. This conflicts with advice you previously received....