Notification of errors in VAT Returns

About this form

This form is designed to be filled in on screen. You must complete all boxes. You cannot save the form but once you’ve
completed it you’ll be able to print a copy and post it.
You can use this form to disclose the details of any errors in your VAT returns. Please read the notes below before you
complete this form.
Notes
What is this form used for?
When you find you have made an error(s) in a previous VAT return you must tell HM Revenue and Customs (HMRC) and you
can use this form to do so. You can include the net value of the adjustment in the VAT return for the period of discovery if the
net value of the errors doesn't exceed the greater of:
• £10,000 or
• 1% of the box 6 figure required on the VAT return for the period of discovery, subject to an upper limit of £50,000. If you've
included, or intend to include, the adjustment in the VAT return for the period of discovery then you should select ‘Yes’ in the
field marked ‘Adjusted in VAT return’ to indicate this.

How to use this form

You should enter details separately for each VAT period (‘Period reference’). Amounts in Boxes 1 to 5 should be entered in
pounds and pence and for Boxes 6 to 9 in pounds only. You will need to manually calculate the difference amounts for Boxes
1 to 5 and select from the drop down menu if the amount is payable to HMRC or repayable to you. If Box 5 is a net repayment
due to you please enter a negative sign before the value in the ‘Figures originally submitted’ and ‘Correct figures’ boxes.

About this form (continued)

Don't use this form for the following:
• the annual adjustment required by some retail schemes
• any adjustments required on ceasing to use a retail scheme
• the use of an approved estimation procedure
• claims for bad debt relief
• adjustments arising from credit and debit notes
• adjustments made under the capital goods scheme
• partial exemption standard method or annual adjustments
• adjustments related to exports and intra-EC supplies, as detailed in Notice 703, Section 9
These are normal accounting adjustments and you should make them in accordance with the rules governing the relevant
adjustment and show them separately in your VAT account. However, you can use this form if you made the original
adjustment incorrectly or at the wrong time.
How to pay
You'll be sent a ‘Value Added Tax Notice of Error Correction’ confirming the amount of your disclosure and any interest
calculated on it. You will also get a ‘Statement of Account’ showing the current balance including interest payable to HMRC
and details of how to make your payment.
Further advice
You can find out more about these procedures in 'Notice 700/45 How to correct VAT errors and make adjustments or claims'
which is available on our website or the Helpline on 0300 200 3700.
Caution
Although it may benefit you in certain circumstances to wait until the end of the current accounting period before deciding if
you must tell us about the errors, remember, the longer you delay the more interest you may have to pay. If there are errors
which you haven't disclosed and we discover them, you could incur a penalty. To avoid this you must disclose correctly, full
details of the errors before we start making enquiries.

Details of the errors

VAT652 v2.0 Page 1

VAT Registration Number
411250456

Your VAT registration name

ANDREI FILIP IORDAN

Error notification 1

Period
07 2022

Reason for error

CALCULATION MISTAKE FOR BOX 6 AND BOX 7

Will the correction be made by you in your next VAT return or has the correction already been made by you in
another VAT period?
Yes
No

Figures originally
submitted on VAT Payable (to HMRC)/
return Correct figures Difference amount Repayable (to you)
Box 1 £327,764.00 £327,764.00 £0.00 Payable
Box 2 £0.00 £0.00 £0.00 N/A
Box 3 £327,764.00 £327,764.00 £0.00 Payable
Box 4 £2,417,852.00 £2,417,852.00 £0.00 Repayable
Box 5 £2,090,088.00 £2,090,088.00 £0.00 Repayable
Box 6 £480,560 £1,653,324
Box 7 £950,274 £12,089,260
Box 8 £14,504 £14,504
Box 9 £0.00 £0.00

Declaration
✔ I declare that the information given in this form is true and complete to the best of my knowledge.

VAT652 v2.0 Page 2

Signature

Date of completion of form

DD MM YYYY

Telephone number
07586579154

Name of person completing form

ANDREI FILIP IORDAN

Status in business
Director

What to do now
Please send the completed form to:
BT VAT
HM Revenue and Customs
BX9 1WR

VAT652 v2.0 Page 3