Can someone advise please? I've just submitted a return and realised straightaway that I've made a mistake. (I'm in the flat rate scheme and pay/return quarterly)
I entered the figure for VAT payable in the right place - then the same figure for what i was reclaiming. Which should have been 0. So it's effectively a nil return. I understand i just wait for the next return to rebalance it but even then i'm not sure how to do it (except that I don't need to use Method 2).
Any guidance welcome! Thx