The net VAT to be paid or reclaimed in Box 5 does not agree with the Net Total of my Tax Control Accounts, Why is this?
You may have posted a journal entry directly to the tax control accounts with a T9 tax code. Because the journal has been posted to the Tax Control Account, it will affect the balance, but because it has a T9 tax code, the entry will not show on the VAT Return. If this has occurred, you will need to reverse the journal using the same date and T9 tax code, then re-enter it with the correct tax code. Alternatively, if you have entered a different date range on the VAT Return to the date range entered on the transaction histories of the Tax Control Accounts the figures will disagree. If you want your figures to agree, the date ranges must be identical. If you are using the VAT Cash Accounting scheme the figures will be different unless you are in the fortunate position where all your customers have paid their invoices (and you have also paid all your suppliers if you operate the UK VAT Cash Accounting scheme).
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