Hello, in the previous year I was exempted from VAT, but this year I am not exempted, so I filed my return for the first time. The invoices I sent last year did not include vAT. For this year, I mistakenly charged a vAT rate of 0 per cent because I used total rates (and I realised too late that you could adjust this in your invoice). I only realised this after I had filed my return.
In other words, I underreported for this first quarter. Will this get me into trouble?
Or how can I resolve this?
That is definitely a problem. I would consult support, they will be able to help you better. But I think you will have to create all your invoices again with vAT and submit a new, corrected return to the vAT authorities. And then you will have to see if you can still charge your customers that vAT, because they will of course be shocked when they receive a corrected invoice with a 21% price increase (vAT).
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
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