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. Select View on 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 and open the relevant bank account.
2. Choose New Entry, then select Money In.
3. Enter the date and amount of the refund.
4. From the Category list, choose VAT Liability.
5. Select Save.

• Record a VAT payment