Hi There,
I applied for the VAT refund on selling fees from Amazon, and after 4 months I received the refund from Amazon.
Now, my question is do I have to return the VAT to HMRC or not? If yes, how I should calculate it or what I should state it to VAT man? As a sales or any other form? which is I don't know?
Because Amazon states as adjustment.
Example- Sales-£10000, Adjustment-£12000
Total-£22000
Questione is, do I have to return the Vat on £22000 or on £10000 (Sales) to HMRC.
My VAT submission is due.
Would appreciate your help.
Thank you