Errors on January 2021 Postponed VAT Statements
Just a quick note to alert readers to the fact that errors may have arisen on the Postponed VAT statements. HMRC’s Note states:
“February entries on your January statement
If your January statement includes any entries which are dated February, do not include them on your VAT Return. These entries were shown as result of an error which only affected January statements.
Your February statement includes all your February imports and correct total import VAT figure, which should be included on your VAT Return for February.”
It’s taking time for systems and processes to settle down so it’s advisable to play close attention to the compilation of your VAT returns across the start for 2021. Should you need any VAT support then do get in touch with your usual Centurion VAT contact at email@example.com
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