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Bad debt - Wikipedia, the free encyclopedia
In financial accounting and finance, bad debt is the portion of receivables that can no longer be collected, typically from accounts receivable or loans. ...
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HM Revenue & Customs: Bad debts: how to reclaim the VAT
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Bad debt: Definition from Answers.com
Bad Debt A debt that is not collectible and therefore worthless to the creditor. This occurs after all attempts are made to collect on the debt
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When you can reclaim VAT on bad debts | Business Link
When you can reclaim VAT on bad debts. You can reclaim VAT that you paid to HM Revenue & Customs and which you have not received from the customer. ...
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