UK Paying sister company’s VAT liability


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Mar 5, 2021
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The company I work for has a sister company and we have just received both VAT returns.

My question is: can I pay the VAT return for the sister company from my company's bank account and what would be the double entry be?


I have posted the VAT for my company (cr bank and dr vat liability) should I cr bank and dr the sister company nominal on the ledger?
 
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