VAT & Bad Debt Relief

In this video we take a look at the rules surrounding claiming bad debt relief for when output vat has been paid over to HMRC but the customer hasn’t paid the invoice!

[meerabahmed]

Thank you for this video- I have my exam tomorrow and this has been really helpful :)

[catherineh]

Really helpful thank you- do you have one on the net bad debt relief on taxation - ie how much of the actual net amount can be used to reduce corporation tax