How to apply VAT to active, non-VAT invoices
I think I am about to run into an issue in regards to VAT. I have just registered for VAT so will have an active VAT date from June 1st (according to my accountant).
However I have a couple of outstanding invoices that were sent out that are still not paid. My understanding is that because they will be paid after the June 1st date that VAT should be paid on them. However there is no VAT applied on the invoices at present. Will there be a way for me to correct the invoice once it has been paid to take into account the newly set up VAT?