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

pmcclure · pmcclure

A small business that I did the wages for has just been sold, and all employees taken on by the new owners (TUPE) The old owners were told by there solicitors NOT to issue p45's. Does anyone know what information to give to the new employers? One thing that has been suggested is print of p45's (but not iss...

Newbie66 · Newbie66

Is there anybody out there who can help me? For any purchase or sales invoice which misses the VAT quarter - QB puts these transactions on a VAT Exception Report. My question is how do you get those transactions onto the next VAT report. If I run the VAT from 1st October - 31st December - those 'late' tra...

linda19 · linda19

can you claim vat from an expense form, when they have been paid for mileage? E.g claimed 1033 miles @ .40p , how do i work out the vat on that. Thanks

Jo Gordon · Jo Gordon

I am helping out a friend by doing his accounts as he's had a couple of really bad years so I thought it would save him in accountancy fees (and his fees were extortionate given the work involved). I'm not 100% sure of the rules on which types of interest and charges I need to add back in order to calcula...

Jo Gordon · Jo Gordon

Me again If someone purchases some furniture and say a PC for their business, prioir to commencing trading and registering for VAT, can the VAT still be reclaimed? Is there a certain period that you can go back and re-claim pre-registration?

Gibbs · Gibbs

Dear Anyone, I am bookkeeping for a small company who have historically done their Vat the normal way (ie liable on creation of Sales invoices etc). I think it would be more beneficial for them to go to Cash Accounting. Are we allowed to change, and how do I go about it. Thanks to anyone who can help Gib...

fabs79 · fabs79

Hi, I know that training is not generally an allowable business expense when you are getting new skills. However I'm facing a peculiar scenario and I wanted to check the opinion of others on here. My client is self-employed and providing her services to a big corporation that sells training packages...

shimshammy · shimshammy

HELP NEEDED!!!!!! I USE MICROSOFT OFFICE ACCOUNTING AT THE MOMENT AND HAVE TRIED TO RUN A QUARTERLY VAT RETURN FOR THE PERIOD ENDED 31ST OCTOBER. IT LOOKS LIKE THE PREVIOUS PERIOD WAS NOT SHUT OFF AND IT WONT LET ME DO IT. IT SAYS I HAVE TO FINISH THE PREVIOUS PERIOD FIRST BUT THE FIGURES HAVE DISAPPEARE...

cdmg19 · cdmg19

Hello everybody, Our payroll is outsourced and I cannot reconcile the figures that we have been provided this month. I cannot go back to our supplier as he will not be back until next week. One of our employees has decided to contribute to a stakeholder pension for the first time. The amount contribute...

fabs79 · fabs79

A question for the Partnership experts. I have always thought that the partnership tax return (SA800) was only including the details of the partnership's affairs (income, expenses, etc) and how the profit (before tax) was split between the partners. Each partner would then include his/her share...

Betty Boo · Betty Boo

Hi - I have dealt with VAT Bad Debt Relief some time ago but having recently started dealing with a new company they have rasied questions that have confused me! a) An accountant 'friend' of the company told them they couldnt claim bad debt relief if they hadnt received formal bankruptcy papers fro...

sarahgd · sarahgd

Hello, please can someone help me? I have set previously manual accounts up on Sage going back to the beginning of the financial year. I now have to do the current VAT return, not having used Sage to do the previous one. Will it be correct because the correct dates for the quarter are used to calculate the...

CrackersBird · CrackersBird

Hi, Does anyone know about a course or knowledge about Seafarers Tax. I've been asked if I can do a tax return for someone who works on merchant ships. I've called HMRC and they didn't give me anything. Thanks

Aleksandra · Aleksandra

Hi, My client's company is registered as a CIS contractor, they've used a sub-contractor who only just registered as a sole trader. We used his NI nubmer to verify him, and of course it came out as 30% (un-matched). Last week he told us, that he received his UTR and register as a sub-contractor with H...

Stardoe · Stardoe

Hi all, Been getting my head in a muddle with this one! (Doesn't take much). One of my clients has an employee on maternity leave and I understand that you still accrue holiday whilst on maternity leave. The Company's holiday year runs from 1 September to 31 August (being an educational establish...

fabs79 · fabs79

Hi, I have taken on a client who is currently starting a property investment business, e.g. buying dilapidated properties, renovating them and then letting them out to generate rental income. He recently attended a seminar about property investing which is also an opportunity to network with mor...

fabs79 · fabs79

Hi all, I was chatting to a friend of mine who is very fond of cars and motor bikes; his (expensive!) hobby is to purchase collectible cars and motor bikes as investments because he claims that he can make a fortune on them over the years. I'm not really into cars so I just believe him. Hehehe... However he...

KTC · KTC

Hi, Just started my AAT VAT module, and remember an incident from when VAT went up from 17.5% to 20%, and would like to know whether I or Royal Mail were right. If a customer (i.e. me) ordered goods from a company outside the EU, at which point payment was made and goods dispatched. The item is posted to the...

haris · haris

This is my first post so would like to say hello to everyone first of all. I'm after a little advice on how to post sales commission and vat in sage. Basically, we send the invoices out to our customers and the payment for them is received in our bank account through a third party that charges 5% sales commi...

Helz · Helz

One of my clients runs a poultry auction, and relies heavily on volunteer helpers. As it's an early start (7.30am) for the helpers and doesn't normally finish before 3pm, they make up loads of sandwiches and take crisps, chocolate, soft drinks & hot drinks to keep everyone going. Since I know HM...

Topic		Started By	Replies	Views	Last Post
	Taking over employees (Preview) A small business that I did the wages for has just been sold, and all employees taken on by the new owners (TUPE) The old owners were told by there solicitors NOT to issue p45's. Does anyone know what information to give to the new employers? One thing that has been suggested is print of p45's (but not iss...	pmcclure	6	6687	Tue Nov 29 11:02 2011 by mushroom
	Quickbooks and VAT Exception Report (Preview) Is there anybody out there who can help me? For any purchase or sales invoice which misses the VAT quarter - QB puts these transactions on a VAT Exception Report. My question is how do you get those transactions onto the next VAT report. If I run the VAT from 1st October - 31st December - those 'late' tra...	Newbie66	9	7960	Tue Nov 29 10:47 2011 by mushroom
	Vat on Fuel (Preview) can you claim vat from an expense form, when they have been paid for mileage? E.g claimed 1033 miles @ .40p , how do i work out the vat on that. Thanks	linda19	1	1233	Fri Nov 25 12:16 2011 by gbm
	Tax deductable interest (Preview) I am helping out a friend by doing his accounts as he's had a couple of really bad years so I thought it would save him in accountancy fees (and his fees were extortionate given the work involved). I'm not 100% sure of the rules on which types of interest and charges I need to add back in order to calcula...	Jo Gordon	8	3074	Fri Nov 25 10:04 2011 by kjmcculloch83
	VAT pre registration (Preview) Me again If someone purchases some furniture and say a PC for their business, prioir to commencing trading and registering for VAT, can the VAT still be reclaimed? Is there a certain period that you can go back and re-claim pre-registration?	Jo Gordon	4	1345	Fri Nov 25 09:52 2011 by Jo Gordon
	changing from normal Vat to Vat Cash Accounting (Preview) Dear Anyone, I am bookkeeping for a small company who have historically done their Vat the normal way (ie liable on creation of Sales invoices etc). I think it would be more beneficial for them to go to Cash Accounting. Are we allowed to change, and how do I go about it. Thanks to anyone who can help Gib...	Gibbs	3	1089	Thu Nov 24 19:46 2011 by Don Tax
	Training course as a pre-requisite to sales (Preview) Hi, I know that training is not generally an allowable business expense when you are getting new skills. However I'm facing a peculiar scenario and I wanted to check the opinion of others on here. My client is self-employed and providing her services to a big corporation that sells training packages...	fabs79	3	1628	Wed Nov 23 13:47 2011 by fabs79
	VAT RETURN (Preview) HELP NEEDED!!!!!! I USE MICROSOFT OFFICE ACCOUNTING AT THE MOMENT AND HAVE TRIED TO RUN A QUARTERLY VAT RETURN FOR THE PERIOD ENDED 31ST OCTOBER. IT LOOKS LIKE THE PREVIOUS PERIOD WAS NOT SHUT OFF AND IT WONT LET ME DO IT. IT SAYS I HAVE TO FINISH THE PREVIOUS PERIOD FIRST BUT THE FIGURES HAVE DISAPPEARE...	shimshammy	0	834	Wed Nov 23 08:56 2011 by shimshammy
	Pension query - Gross & Net (Preview) Hello everybody, Our payroll is outsourced and I cannot reconcile the figures that we have been provided this month. I cannot go back to our supplier as he will not be back until next week. One of our employees has decided to contribute to a stakeholder pension for the first time. The amount contribute...	cdmg19	6	2731	Tue Nov 22 15:20 2011 by cdmg19
	Tax on Partnership profit (Preview) A question for the Partnership experts. I have always thought that the partnership tax return (SA800) was only including the details of the partnership's affairs (income, expenses, etc) and how the profit (before tax) was split between the partners. Each partner would then include his/her share...	fabs79	1	1756	Tue Nov 22 14:38 2011 by Don Tax
	VAT Bad Debt Relief - Advice Needed! (Preview) Hi - I have dealt with VAT Bad Debt Relief some time ago but having recently started dealing with a new company they have rasied questions that have confused me! a) An accountant 'friend' of the company told them they couldnt claim bad debt relief if they hadnt received formal bankruptcy papers fro...	Betty Boo	3	1290	Mon Nov 21 18:17 2011 by Betty Boo
	SAGE VAT return (Preview) Hello, please can someone help me? I have set previously manual accounts up on Sage going back to the beginning of the financial year. I now have to do the current VAT return, not having used Sage to do the previous one. Will it be correct because the correct dates for the quarter are used to calculate the...	sarahgd	3	1471	Mon Nov 21 09:29 2011 by sarahgd
	Seafarers Tax (Preview) Hi, Does anyone know about a course or knowledge about Seafarers Tax. I've been asked if I can do a tax return for someone who works on merchant ships. I've called HMRC and they didn't give me anything. Thanks	CrackersBird	0	947	Fri Nov 18 19:45 2011 by CrackersBird
	CIS verification question (Preview) Hi, My client's company is registered as a CIS contractor, they've used a sub-contractor who only just registered as a sole trader. We used his NI nubmer to verify him, and of course it came out as 30% (un-matched). Last week he told us, that he received his UTR and register as a sub-contractor with H...	Aleksandra	7	1396	Wed Nov 16 06:55 2011 by BudgetB
	Holiday accrued on maternity leave (Preview) Hi all, Been getting my head in a muddle with this one! (Doesn't take much). One of my clients has an employee on maternity leave and I understand that you still accrue holiday whilst on maternity leave. The Company's holiday year runs from 1 September to 31 August (being an educational establish...	Stardoe	2	897	Tue Nov 15 17:17 2011 by Stardoe
	Seminar on property investment. Allowable expense? training property (Preview) Hi, I have taken on a client who is currently starting a property investment business, e.g. buying dilapidated properties, renovating them and then letting them out to generate rental income. He recently attended a seminar about property investing which is also an opportunity to network with mor...	fabs79	1	8204	Tue Nov 15 16:01 2011 by YLB-HO
	Capital gains on motor cars capital gains tax CGT private motor car exemption (Preview) Hi all, I was chatting to a friend of mine who is very fond of cars and motor bikes; his (expensive!) hobby is to purchase collectible cars and motor bikes as investments because he claims that he can make a fortune on them over the years. I'm not really into cars so I just believe him. Hehehe... However he...	fabs79	3	10209	Tue Nov 15 10:26 2011 by fabs79
	When is the tax point.... (Preview) Hi, Just started my AAT VAT module, and remember an incident from when VAT went up from 17.5% to 20%, and would like to know whether I or Royal Mail were right. If a customer (i.e. me) ordered goods from a company outside the EU, at which point payment was made and goods dispatched. The item is posted to the...	KTC	2	1385	Sun Nov 13 11:24 2011 by ADAS
	Vat on Sales Commission in Sage (Preview) This is my first post so would like to say hello to everyone first of all. I'm after a little advice on how to post sales commission and vat in sage. Basically, we send the invoices out to our customers and the payment for them is received in our bank account through a third party that charges 5% sales commi...	haris	23	3545	Fri Nov 11 17:02 2011 by Robert Pearce
	Allowable Expense - Food for helpers?? (Preview) One of my clients runs a poultry auction, and relies heavily on volunteer helpers. As it's an early start (7.30am) for the helpers and doesn't normally finish before 3pm, they make up loads of sandwiches and take crisps, chocolate, soft drinks & hot drinks to keep everyone going. Since I know HM...	Helz	4	1354	Fri Nov 11 15:57 2011 by Shamus
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