Record a VAT refund from a VAT Return

If HMRC paid you a refund, the button shows Reclaim.

1. Go to Reports, then select VAT Returns.
2. Choose the VAT Return you want to reclaim.
3. Select Reclaim.
4. Enter the amount, date, and the bank account that received the refund.
5. Select Save.

The VAT Return shows as paid or part-paid depending on the amount entered.

Match a VAT refund from a bank feed

Record the refund from the VAT Return first, then match it.

1. Go to Banking, then select Bank accounts.
2. Select the relevant bank account.
3. Select Transactions, then find the VAT refund.
4. Choose Match, then select the VAT Refund you recorded earlier.
5. Select Match.

Record a VAT refund without a VAT Return

Use this method if you received a refund from HMRC and the VAT Return isn't in Sage Accounting Start.

1. Go to Banking, then select Bank accounts.
2. Select the relevant bank account.
3. Choose New Entry, then select Sale/Receipt.
4. Select the Other Receipt tab.
5. Enter the date and amount.
6. From the ledger list, choose VAT Liability.
7. Select Save.

• Record a VAT payment