Tax code for HMRC refund

I originally posted an HMRC refund using T9 but my VAT reconciliation is out by the same amount.

Can anyone advise please?

  • 0

    Posting the VAT refund as T9 is correct as it mustn't appear on your VAT return. Maybe take a look at the journals posted when you completed your last return - the journals that move the balances from the Sales and Purchase Tax Control accounts to the VAT liability account.  They should have been T9 too, but if they've gone in as T0, for example, they would net off to your difference,