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

Jay · Jay

Good morning, I apologise as this is a bit of a rant rather then a request for assistance. Paper request made to HMRC for MGD Registration with Return quarters to coincide with the accounting year. HMRC received the Return but took so long to process it , they changed the quarter ending periods by a mo...

Purple · Purple

Hi Can somebody help me with a query please? I have a situation where an employee worked for 11 years on a salary of £28k. She then halved her pay for 2 months due to cashflow problems and was then made redundant. I am unsure what salary to use for the redundancy calc. It seems a bit unfair to process on her lo...

Leger · Leger

https://www.gov.uk/government/publications/revenue-and-customs-brief-10-2019-domestic-reverse-charge-vat-for-construction-services-delay-in-implementation/revenue-and-customs-...

Sammy76 · Sammy76

Sorry I haven't posted in a while but wondered if you could help me with a small query. My client is in the process of buying land, and changing to Limited, and has lots of invoices relating to professional/legal fees that we can't claim the VAT, yet (until they become the LTD company). Do I enter these a...

Artois · Artois

Morning all HMRC talking points have a webinar on the new VAT reverse charge for construction services on the 30th Sept for anyone who is interested, but it does not give you much time seeing as it comes into effect on Oct 1st, still probably worth a look though for anyone who is still unsure.

Blonde Accountant · Blonde Accountant

Hi, I have set up my agent services account, but when I logged into it it looks exactly like by other agent account except than I have to sign up for all the services again. I only had one vat client and about 6 SA clients but I can't see them, will this be fixed when I sign up to the appropiate taxes does anyone...

Silly Digits · Silly Digits

I have a new client where I entered a few months of paperwork to complete a VAT return, this was submitted. I have now entered some earlier transactions on quickbooks as they want the whole year done for the accountant, most of these purchase transactions have been reclaimed on a manual return not thro...

Cheshire · Cheshire

Hi Just tried to authorise a client as agent via the old agent gateway. I have a copy of their VAT certificate (up to date one) plus VAT info from last return. Showing as un-submitted for some reason. HMRC's reason for an un-submitted status is ''Your client authorisation request has not been submi...

Pink Panther · Pink Panther

Hi all,I have a client that de-registered for vat as they went under the threshold for vat and were expected to stay under for 12 months.But I have just checked the last 12 months t/o and they are above the vat threshold again.I have been trying to find guidance on this, but to no avail.My questions are:W...

Jay · Jay

Good morning all When you access your clients SA online screen you may find some have a complete change of format. They look similar to the personal tax account pages. HMRC have started making changes to the SA online interface and the change will cover approx 2 weeks. I'm sure they must have announce...

Casu · Casu

Hi Just got 1st possible client for payroll and have a question re pension. Sole trader, one employee over 25, unsure what the pay will be at the moment (discussing properly later). Can someone clarify my understanding:- If gross earnings are above £833 pm and over 25 years old then they need to be auto...

Leger · Leger

Client purchased large amount of stock but not paid for at end of credit time. Supplier factors his invoices and has paid the factory company then issued new invoices for the outstanding amount. My suggestion to the client is to credit the original invoices and enter the new invoices but checkinf tha...

Jay · Jay

Good afternoon. A national bank has asked us to provide SA30s's and tax year overviews for a client seeking a loan. Not a problem ( well so I thought) so prepared the SA302s in PDF format as normal. Logged on to HMRC and printed out the Overviews, which I scanned and forwarded these onto the Bank. I have ju...

BazzaS · BazzaS

I notice that some MTD software for excel requires to be embedded in the 'source' worksheet. I have not found information on what happens when the 'source' worksheet's name is changed. This is important because the current worksheet's name includes a date(years) and next year's worksheet is creat...

Kinbuck · Kinbuck

Hello everyone My client who submits her own VAT return from the figures she's given has submitted the previous quarters figures (she's under a lot of stress at the moment but I still think 'why, oh why'!!) and paid HMRC £3K more than required. I've never had to do an amendment and I'm going round in cir...

Elaine Rae · Elaine Rae

I'm running the VAT return for a client, but I have found that there are VAT invoice's missing. (which I have just now received) What is happening is that the supplier isn't giving us credit so we have to make payment before the goods are delivered, which is fine, but the supplier is not issuing the VAT i...

Mycroft · Mycroft

Hi all Can anyone confirm my understanding on part disposals please? My client purchased a property consisting of two shops and two flats, he moved into one flat which he subsequently sold and then the other flat which he also sold, leaving just the two shops and freehold of the entire property. The...

Leger · Leger

Here are some snippets from the HMRC Agent MTD newsletter No. 8, issued today. Just over half a million business have now been signed up. This is expected to increase rapidly over the next month or so. It takes 72 hours to sign a business up to MTD. However, if the business has a DD set up, they must be sig...

haymac · haymac

Hi all, I have been using software to calculate vat for those clients operating retail vat schemes. Let down by the lack of forthcoming updates to comply with MTD, I have madly been looking into alternatives. I have been working on producing returns via excel for these clients, all seems we...

Casu · Casu

Hi client cannot pay all VAT return bill by Friday. should he phone them to discuss before or after I file the return, to discuss payment plan?

Topic		Started By	Replies	Views	Last Post
	MGD change of Accounting period (Preview) Good morning, I apologise as this is a bit of a rant rather then a request for assistance. Paper request made to HMRC for MGD Registration with Return quarters to coincide with the accounting year. HMRC received the Return but took so long to process it , they changed the quarter ending periods by a mo...	Jay	9	1931	Tue Sep 10 16:15 2019 by Cheshire
	Salary to use for redundancy calculation (Preview) Hi Can somebody help me with a query please? I have a situation where an employee worked for 11 years on a salary of £28k. She then halved her pay for 2 months due to cashflow problems and was then made redundant. I am unsure what salary to use for the redundancy calc. It seems a bit unfair to process on her lo...	Purple	2	1351	Tue Sep 10 16:09 2019 by Cheshire
	VAT reverse charge for construction DELAYED until October 2020 (Preview) https://www.gov.uk/government/publications/revenue-and-customs-brief-10-2019-domestic-reverse-charge-vat-for-construction-services-delay-in-implementation/revenue-and-customs-...	Leger	7	1353	Tue Sep 10 15:34 2019 by Amanda
	Which Tax code? (Preview) Sorry I haven't posted in a while but wondered if you could help me with a small query. My client is in the process of buying land, and changing to Limited, and has lots of invoices relating to professional/legal fees that we can't claim the VAT, yet (until they become the LTD company). Do I enter these a...	Sammy76	7	1538	Thu Sep 5 13:47 2019 by Sammy76
	VAT reverse charge webinar (Preview) Morning all HMRC talking points have a webinar on the new VAT reverse charge for construction services on the 30th Sept for anyone who is interested, but it does not give you much time seeing as it comes into effect on Oct 1st, still probably worth a look though for anyone who is still unsure.	Artois	21	2307	Thu Sep 5 10:34 2019 by johnhemming
	MTD Agent account (Preview) Hi, I have set up my agent services account, but when I logged into it it looks exactly like by other agent account except than I have to sign up for all the services again. I only had one vat client and about 6 SA clients but I can't see them, will this be fixed when I sign up to the appropiate taxes does anyone...	Blonde Accountant	35	3376	Mon Sep 2 17:45 2019 by johnhemming
	VAT adjustments in quickbooks (Preview) I have a new client where I entered a few months of paperwork to complete a VAT return, this was submitted. I have now entered some earlier transactions on quickbooks as they want the whole year done for the accountant, most of these purchase transactions have been reclaimed on a manual return not thro...	Silly Digits	9	2854	Fri Aug 30 14:53 2019 by Silly Digits
	VAT - authorising agent (old system) - problems (Preview) Hi Just tried to authorise a client as agent via the old agent gateway. I have a copy of their VAT certificate (up to date one) plus VAT info from last return. Showing as un-submitted for some reason. HMRC's reason for an un-submitted status is ''Your client authorisation request has not been submi...	Cheshire	7	1877	Fri Aug 23 16:18 2019 by Cheshire
	Re registering for vat after de registration (Preview) Hi all,I have a client that de-registered for vat as they went under the threshold for vat and were expected to stay under for 12 months.But I have just checked the last 12 months t/o and they are above the vat threshold again.I have been trying to find guidance on this, but to no avail.My questions are:W...	Pink Panther	11	1727	Wed Aug 21 19:01 2019 by Artois
	HMRC client interface (Preview) Good morning all When you access your clients SA online screen you may find some have a complete change of format. They look similar to the personal tax account pages. HMRC have started making changes to the SA online interface and the change will cover approx 2 weeks. I'm sure they must have announce...	Jay	16	2028	Wed Aug 14 13:09 2019 by Jay
	Payroll and pension scheme (Preview) Hi Just got 1st possible client for payroll and have a question re pension. Sole trader, one employee over 25, unsure what the pay will be at the moment (discussing properly later). Can someone clarify my understanding:- If gross earnings are above £833 pm and over 25 years old then they need to be auto...	Casu	4	1657	Wed Aug 14 09:59 2019 by Casu
	Unusual credit situation on purchase invoices (Preview) Client purchased large amount of stock but not paid for at end of credit time. Supplier factors his invoices and has paid the factory company then issued new invoices for the outstanding amount. My suggestion to the client is to credit the original invoices and enter the new invoices but checkinf tha...	Leger	17	1859	Sun Aug 11 13:08 2019 by VinceH
	Tax Year Overviews (Preview) Good afternoon. A national bank has asked us to provide SA30s's and tax year overviews for a client seeking a loan. Not a problem ( well so I thought) so prepared the SA302s in PDF format as normal. Logged on to HMRC and printed out the Overviews, which I scanned and forwarded these onto the Bank. I have ju...	Jay	3	1251	Tue Aug 6 17:16 2019 by Cheshire
	MTD software embedded in Excel (Preview) I notice that some MTD software for excel requires to be embedded in the 'source' worksheet. I have not found information on what happens when the 'source' worksheet's name is changed. This is important because the current worksheet's name includes a date(years) and next year's worksheet is creat...	BazzaS	1	1375	Wed Jul 31 13:33 2019 by johnhemming
	VAT error (Preview) Hello everyone My client who submits her own VAT return from the figures she's given has submitted the previous quarters figures (she's under a lot of stress at the moment but I still think 'why, oh why'!!) and paid HMRC £3K more than required. I've never had to do an amendment and I'm going round in cir...	Kinbuck	13	2248	Sat Jul 20 10:01 2019 by Cheshire
	Tax Point (Preview) I'm running the VAT return for a client, but I have found that there are VAT invoice's missing. (which I have just now received) What is happening is that the supplier isn't giving us credit so we have to make payment before the goods are delivered, which is fine, but the supplier is not issuing the VAT i...	Elaine Rae	8	2176	Mon Jul 15 19:12 2019 by Cheshire
	CGT on part disposal (Preview) Hi all Can anyone confirm my understanding on part disposals please? My client purchased a property consisting of two shops and two flats, he moved into one flat which he subsequently sold and then the other flat which he also sold, leaving just the two shops and freehold of the entire property. The...	Mycroft	6	1593	Sun Jul 14 23:11 2019 by Cheshire
	MTD Latest Info (Preview) Here are some snippets from the HMRC Agent MTD newsletter No. 8, issued today. Just over half a million business have now been signed up. This is expected to increase rapidly over the next month or so. It takes 72 hours to sign a business up to MTD. However, if the business has a DD set up, they must be sig...	Leger	18	2196	Wed Jul 10 10:49 2019 by Leger
	MTD excel spreadsheet convert to csv file. (Preview) Hi all, I have been using software to calculate vat for those clients operating retail vat schemes. Let down by the lack of forthcoming updates to comply with MTD, I have madly been looking into alternatives. I have been working on producing returns via excel for these clients, all seems we...	haymac	45	6199	Fri Jul 5 10:57 2019 by Leger
	Late vat payment (Preview) Hi client cannot pay all VAT return bill by Friday. should he phone them to discuss before or after I file the return, to discuss payment plan?	Casu	1	1130	Thu Jul 4 07:40 2019 by Casu
«First < 1 … 12 13 14 15 16 … 177 > Last» \| Page of 177 sorted by