VAT, Payroll & Tax - The Book-keepers Forum (UK)

charlie86 · charlie86

Hi I was wondering if you can help me, I am seeking some advice reference having a full time job and being a director of Limited Company. I have a full time job that pays me £19,760 a year and I have recently been asked if I would like to become a Director in a Limited Company. I am very interested in this oppor...

Princess · Princess

HMRC have sent one of my clients P800 for the last few years. They say he owes them quite a few thousand in tax. On looking at his paperwork I think the figure is actually larger than the one given by HMRC as they don't seem to have included some of his income in their calculations. HMRC have now decided t...

keepingbooks · keepingbooks

Hi, I do the bookkeeping for a pub. Previously the tax for games machine was VAT there is now Machine Games Duty, should i set up a control account for this tax? Thanks

Noola · Noola

I've read through RTI information on the HMRC website. I have the sage payroll disc to update for RTI but I'm still in a panic as time is running out and I still have no idea where to start in terms of explaining to clients what will change and what I will need. Is there a check list somewhere that would help?...

FraserD · FraserD

Ive just come across the bookkeepers forum site, looks like a great site! I wonder if anyone can help??... A client we do bookkeeping for has a supplier who provides services for them from Australia. The invoice we have received is in Australian Dollars and because of the varyingexchange rate(fr...

dave241283 · dave241283

Hello, I am looking to register a small business (butchers) under a new VAT number, as I took over the business. Turnover is over the VAT threshold when HMRC require businesses to be registered for VAT, but being a butchers all sales are zero rated. Is it possible to register for VAT on voluntary basis i...

Cheshire · Cheshire

Hi Folks I have a customer (Debtor) account that has a credit balance. We issued a cheque for payment back to the customer. How do I now allocate the Bank payment of the cheque to the original invoice/credit note on the customer's account in Sage?

pinkdon · pinkdon

Hi guys, Really hoping someone can help me out, it's my first time dealing with rendundancy payments. An employee has just been made redundant and I'm trying to work out his final pay. As I understand it he is entitled to two weeks salary as he has worked over two years andt his is liable to pay paye and n...

ange25 · ange25

Hi all, wonder if any one can help me? I purchased a camera for £750 plus a computer for £399.99 - my accountant has put these items in box 48, annual investment allowance - i thought that as these items were under £1000 these items could be off set against tax as an allowable business expense in the normal...

Gaibeee · Gaibeee

Hi, this is my first time to this site but I refer to it on a regular basis for advice, it's a godsend! I am working on a VAT return and I have noticed a couple of errors from the previous return figures and I would like to correct them in this VAT return. They are nominal amounts but I want to get the records ac...

JMT · JMT

Hi I have searched lots of posts and almost got this answered but I would be grateful if someone could clear this up. I am claiming business miles travelled in a private car at .45p per mile for the first 10,000 miles & reclaiming the VAT element of the fuel. Do I still calculate the business expense...

Georgie · Georgie

As I am starting the payroll in February for a client I need the previous Year To Date figures.Thought I would use HMRC's Toolkit free bit of software but can't find anywhere in it that lets you include the year to date figures. Does anyone know? Best wishes Georgie

Cheshire · Cheshire

Hi I do invoicing for a client. He has written a book and the Literary agent sends his invoice for his commission and then pays the NET advance monies to my client (in this case £2550). I know to key into software (eg Sage) that for the Net advance monies I need to log a 'PI' but should I be raising a physica...

Vicki Newman · Vicki Newman

Hi, I have recently taken on a new client who has asked me to file his Corporation tax but I am unsure of the rules on filing deadlines. Is it filed three months after an accounting period? This particular client has the accounts drafted up until 30/06/2011 (company no longer trading but still outsta...

pompeychimes · pompeychimes

Hi, This is my first post so please be gentle. I work for a training provider within a local authority. We have recently built a training cafe which will be used as to teach students and provide staff lunches. As a complete newbie to VAT i was hoping someone could point me in the right direction regardin...

Karolle_ · Karolle_

Hi, if director bought safety boots from company bank account for himself to wear in construction sites as the company is construction company how to record on P11D?I looked at A to Z expenses on HMRC website, I would assume that safety boots should be regarded the same as protective clothing using a...

ally21stone favarpa · ally21stone favarpa

Hi Can someone please help. If a soletrader is not registered for VAT how should their expenses be posted on sage. For example say petrol should it be posted as T1? Also how do i deal with the soletrader withdrawing money from the bank account? Thanks

Noola · Noola

One of our payroll clients has notified me today that one of their employees has been off sick for a number of weeks and has a sick note from their GP saying she is unfit for work but doesn't actually explain why. Firstly, do I need a copy of the sick note. Is the sick note valid as it has no description of why s...

AICB · AICB

A SA question: I have a sole trader client who is a small-scale cleaning contractor. Times are lean: to bring in extra cash he buys cars, does them up and after several months sells them on, hopefully for a small profit (but not always). He generally only has two cars at any one time and is quite likely to u...

keano43 · keano43

Hi We have a new Employee started this month who filled out a P46, she has ticked box A to say that she hasnt worked since 6th April this is her first and only job etc.. I have entered details into Sage payroll like i normally do and also put the details on HMRC website, they gave her the code of 810L, which i am...

Topic		Started By	Replies	Views	Last Post
	Advice needed - Having full time job and being a director of a Limited Company (Preview) Hi I was wondering if you can help me, I am seeking some advice reference having a full time job and being a director of Limited Company. I have a full time job that pays me £19,760 a year and I have recently been asked if I would like to become a Director in a Limited Company. I am very interested in this oppor...	charlie86	2	791	Sun Feb 3 17:28 2013 by Wella
	P800/tax returns (Preview) HMRC have sent one of my clients P800 for the last few years. They say he owes them quite a few thousand in tax. On looking at his paperwork I think the figure is actually larger than the one given by HMRC as they don't seem to have included some of his income in their calculations. HMRC have now decided t...	Princess	3	915	Sun Feb 3 21:02 2013 by Don Tax
	Machine Games Duty (Preview) Hi, I do the bookkeeping for a pub. Previously the tax for games machine was VAT there is now Machine Games Duty, should i set up a control account for this tax? Thanks	keepingbooks	2	1066	Fri Feb 1 21:43 2013 by Truemanbrown
	RTI panic (Preview) I've read through RTI information on the HMRC website. I have the sage payroll disc to update for RTI but I'm still in a panic as time is running out and I still have no idea where to start in terms of explaining to clients what will change and what I will need. Is there a check list somewhere that would help?...	Noola	21	1802	Fri Feb 1 04:56 2013 by Julies bookkeeping
	Posting of Australian Invoice into sage (Preview) Ive just come across the bookkeepers forum site, looks like a great site! I wonder if anyone can help??... A client we do bookkeeping for has a supplier who provides services for them from Australia. The invoice we have received is in Australian Dollars and because of the varyingexchange rate(fr...	FraserD	5	1446	Fri Feb 1 04:39 2013 by Rhianrach
	Voluntary VAT registration (Preview) Hello, I am looking to register a small business (butchers) under a new VAT number, as I took over the business. Turnover is over the VAT threshold when HMRC require businesses to be registered for VAT, but being a butchers all sales are zero rated. Is it possible to register for VAT on voluntary basis i...	dave241283	5	1079	Fri Feb 1 04:35 2013 by Don Tax
	How to allocate a repaid credit balance on a Customer account in Sage (Preview) Hi Folks I have a customer (Debtor) account that has a credit balance. We issued a cheque for payment back to the customer. How do I now allocate the Bank payment of the cheque to the original invoice/credit note on the customer's account in Sage?	Cheshire	4	845	Thu Jan 31 21:03 2013 by Cheshire
	Redundancy (Preview) Hi guys, Really hoping someone can help me out, it's my first time dealing with rendundancy payments. An employee has just been made redundant and I'm trying to work out his final pay. As I understand it he is entitled to two weeks salary as he has worked over two years andt his is liable to pay paye and n...	pinkdon	0	622	Wed Jan 30 19:06 2013 by pinkdon
	Annual investment allowance - purchase of camera and laptop (Preview) Hi all, wonder if any one can help me? I purchased a camera for £750 plus a computer for £399.99 - my accountant has put these items in box 48, annual investment allowance - i thought that as these items were under £1000 these items could be off set against tax as an allowable business expense in the normal...	ange25	10	2056	Wed Jan 30 21:55 2013 by Shamus
	VAT Corrections from a Previous Return (Preview) Hi, this is my first time to this site but I refer to it on a regular basis for advice, it's a godsend! I am working on a VAT return and I have noticed a couple of errors from the previous return figures and I would like to correct them in this VAT return. They are nominal amounts but I want to get the records ac...	Gaibeee	1	934	Wed Jan 30 04:34 2013 by Figurate
	Mileage claim on tax return & VAT reclaimed. (Preview) Hi I have searched lots of posts and almost got this answered but I would be grateful if someone could clear this up. I am claiming business miles travelled in a private car at .45p per mile for the first 10,000 miles & reclaiming the VAT element of the fuel. Do I still calculate the business expense...	JMT	5	1494	Wed Jan 30 04:13 2013 by JMT
	HMRC PAYE Toolkit (Preview) As I am starting the payroll in February for a client I need the previous Year To Date figures.Thought I would use HMRC's Toolkit free bit of software but can't find anywhere in it that lets you include the year to date figures. Does anyone know? Best wishes Georgie	Georgie	2	762	Wed Jan 30 01:35 2013 by Georgie
	Raising invoices (Preview) Hi I do invoicing for a client. He has written a book and the Literary agent sends his invoice for his commission and then pays the NET advance monies to my client (in this case £2550). I know to key into software (eg Sage) that for the Net advance monies I need to log a 'PI' but should I be raising a physica...	Cheshire	0	558	Mon Jan 28 20:54 2013 by Cheshire
	CT600 Filing Date (Preview) Hi, I have recently taken on a new client who has asked me to file his Corporation tax but I am unsure of the rules on filing deadlines. Is it filed three months after an accounting period? This particular client has the accounts drafted up until 30/06/2011 (company no longer trading but still outsta...	Vicki Newman	2	1528	Tue Jan 29 04:26 2013 by Vicki Newman
	Cafe within a training provider - where do we stand with VAT please (Preview) Hi, This is my first post so please be gentle. I work for a training provider within a local authority. We have recently built a training cafe which will be used as to teach students and provide staff lunches. As a complete newbie to VAT i was hoping someone could point me in the right direction regardin...	pompeychimes	2	6998	Mon Jan 28 20:57 2013 by pompeychimes
	P11D Expenses and Benefits (Preview) Hi, if director bought safety boots from company bank account for himself to wear in construction sites as the company is construction company how to record on P11D?I looked at A to Z expenses on HMRC website, I would assume that safety boots should be regarded the same as protective clothing using a...	Karolle_	11	3298	Mon Jan 28 16:57 2013 by Shamus
	How to post expenses is sage (Preview) Hi Can someone please help. If a soletrader is not registered for VAT how should their expenses be posted on sage. For example say petrol should it be posted as T1? Also how do i deal with the soletrader withdrawing money from the bank account? Thanks	ally21stone favarpa	12	5249	Mon Jan 28 05:59 2013 by ally21stone favarpa
	Do we as an agent need to see employees sick note? (Preview) One of our payroll clients has notified me today that one of their employees has been off sick for a number of weeks and has a sick note from their GP saying she is unfit for work but doesn't actually explain why. Firstly, do I need a copy of the sick note. Is the sick note valid as it has no description of why s...	Noola	5	1016	Fri Jan 25 21:34 2013 by Don Tax
	Buying cars, using some of them and selling them - depreciation allowed? (Preview) A SA question: I have a sole trader client who is a small-scale cleaning contractor. Times are lean: to bring in extra cash he buys cars, does them up and after several months sells them on, hopefully for a small profit (but not always). He generally only has two cars at any one time and is quite likely to u...	AICB	7	5970	Fri Jan 25 00:28 2013 by AICB
	New Employee no PAYE paid (Preview) Hi We have a new Employee started this month who filled out a P46, she has ticked box A to say that she hasnt worked since 6th April this is her first and only job etc.. I have entered details into Sage payroll like i normally do and also put the details on HMRC website, they gave her the code of 810L, which i am...	keano43	2	638	Thu Jan 24 20:41 2013 by keano43
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