What if my VAT return covers the change of rate and some less detailed invoices are at the old rate?
You will need to identify those less detailed invoices that were issued with a tax point date up to 30 November 2008 and use the VAT fraction for 17.5%, which is 7/47ths. For the less detailed VAT invoices with a tax point date on or after 1 December 2008 you need to use the VAT fraction for the new standard rate of 15%, which is 3/23. 4.1.4 Invoices with VAT schedules I have a VAT invoice that includes an annual schedule of monthly charges including VAT relating to a standard rated supply. Do I recover VAT based on the schedule even though the rate is wrong from 1 December 2008? Amounts shown on the invoice schedule for periods after 1 December cannot be reclaimed as input tax. Your supplier will need to provide an amended invoice schedule for those periods.
