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Oh no! What do you do if you make a mistake on your VAT return?

Properly completing a VAT return can be time-consuming and confusing. You need to decipher all the VAT receipts that you get from your employees and identify the correct amounts of VAT for VAT reclaim. It’s not surprising that your company sometimes makes mistakes when calculating your VAT reclaim. If this happens to you, don’t panic. Under certain circumstances, you can correct errors on your VAT return.

Source: way2vat.com

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