ACCA F6 VAT part 2: VAT Returns

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Comments

  1. avatar says

    Regarding Example 4;
    If a 5% discount is usually offered than surely the VAT to be recovered from a bad debt would also have to take that into account as the VAT include on the sale would have been at the discounted amount?
    So the recoverable amount of VAT available on the £2000 would only be £380 rather than £400?

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