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

Janem · Janem

I ahve trawled through previous posts but cannot find the answer. I am performing a VAT return using SAGE and am happy as far as the calculate and reconcile. I therefore have my figures for the return. I am now having a mental block with the journel entries I need to do to clear the control accounts.I have...

ahmad · ahmad

Hello guys. I need some help please in VAT 100 form. When we complete the VAT return I am confused about the VAT on Sales return and purchases return. Where do we adjust VAT of these items. Thanks Ahmad

ahmad · ahmad

Hi guys, I wanted to know that how we treat the VAT on fuel if one busniess is using one motor for business use and also for private use. Thanks

Stardoe · Stardoe

Hi everyone, What is the correct/proper procedure if you have overpaid an employee in one month (actually for two consecutive months)? For May and June they should have had some days of sickness deducted from their pay, but....due to not being told about it...I paid them their full monthly salary....

ahmad · ahmad

Hi, Can you please explain the which scemes is better in relation to the business of camping and leisure hire. Cash accounting or annual accounting VAT schemes

Alpine man · Alpine man

Hi I have not posted in a while. Hope everyone is well! I may of not mentioned this a while back. I have a back problem and cannot sit long at a computer or go about standing tasks for that long either. I am attempting to grow plants and sell them on a tiny scale ( that I did say a while back). Any way I was consid...

Suffolker · Suffolker

Someone I know wants to voluntarily register for VAT. The thing is he buys/raises/sells cattle & sheep. When he sells the animals there obviously isn't any vat on this fee but he says that there is vat on the auction selling fees. I thought because the actual thing he's selling is VAT exempt tha...

JulieTaylor30 · JulieTaylor30

Firstly big hello to everyone here! I was wondering if anyone could help us out. We need to change our payroll figures for the previous year 2010-2011 however we have already closed the year in sage. Any ideas of the best way to do this. I am thinking there should be a journal but will this show correctl...

Wella · Wella

I am still insecure regarding VAT, about the correct recording of a supply of goods, or services by a non registered business, to a registered business. I am now more convinced than before that these types of transaction should not be included on a VAT return but I will leave you to make your own decis...

agrant73 · agrant73

Hi wonder if anyone can help? I worked for a company in Feb 2010 and left in March 2011 to start my own business. I was employed by them and they deducted my tax and NI in the normal way from my wages. I have asked repeatedly for my P45 and P60 (I don't remember getting a p60 last year), I also think during my ye...

LizB · LizB

Hi all. One of my clients had a VAT inspection, and he found a couple of sales invoices that had been raised with no VAT on. (Before my time!) Anyway, he will obviously have to pay the VAT on these. My client has contacted the customers it effects and explained what happened, and they are ok with him rais...

Aleksandra · Aleksandra

Hi, If a director goes abroad and pays for hotel, taxi, meal etc. (all related to the business and will be reimbursed by the company's client) and is charged that country VAT, shall it be treated as an out of scope of VAT ? What is the procedure within the EU states and outside? Thank you!

chatcat · chatcat

In 2008, having failed to submit a VAT return in time, our small company had its VAT bill assessed by HMRC. We paid & thought that was the end of the matter. When I saw the outstanding return showing as still "live" on the website I assumed that was just one of those things I would deal with w...

Don Tax · Don Tax

Would someone be kind enough to confirm this:- We still have to account for VAT on goods on hand at De-registration when using the Flat Rate Scheme? It's a ladies outfitters if that is relevant. Many thanks Tim

ADAS · ADAS

Hopefully someone can help me with this. Is it possible to register a new employer without a UTR and without having to use a simplified payoll scheme, they are all employing a personal assistants?. I'm having a bit of a nightmare trying to find software that handles simplified schemes. Does anyone k...

jack1708 · jack1708

Hi all I am recently vat registered, i sometimes have electricians / gas guys etc do jobs for me, if i earn £1000 out of the job, then my gas guy charges me £400 do i pay the vat on the £1000 or just the £600 profit i made ? thanks Jack

Janetho · Janetho

I have recently taken over the payroll for a client whom had it outsourced to an accountancy firm....the client has purchased Sage 50 Payroll and I have successfully set up all employees to date......except one employee who is on Maternity leave and has been since last financial year 10/11.....the...

LizB · LizB

Sorry if this is a daft question :- I am much more used to VAT registered companies running the normal VAT system, where you pay/reclaim VAT as invoices are received/raised. However, I have just taken on a client who runs the VAT Cash accounting system. I understand the differences between the two sys...

Julie Hall · Julie Hall

I have just taken on a new client, who will be deducting CIS and will be offsetting their CIS suffered, couple of queries; I was thinking of using Moneysoft does anyone have any experience of the CIS treatment etc.. and also how would you deal with the amount of CIS suffered being more than the CIS, Paye &...

Moonraker · Moonraker

Hi All, Just a quick question -are business rates subject to VAT? Many Thanks Richard

Topic		Started By	Replies	Views	Last Post
	VAT control accounts and journel entries (Preview) I ahve trawled through previous posts but cannot find the answer. I am performing a VAT return using SAGE and am happy as far as the calculate and reconcile. I therefore have my figures for the return. I am now having a mental block with the journel entries I need to do to clear the control accounts.I have...	Janem	4	10436	Tue Aug 16 20:05 2011 by Figurate
	VAT Return (Preview) Hello guys. I need some help please in VAT 100 form. When we complete the VAT return I am confused about the VAT on Sales return and purchases return. Where do we adjust VAT of these items. Thanks Ahmad	ahmad	7	1732	Mon Aug 15 18:21 2011 by Don Tax
	VAT calculation for fuel (Preview) Hi guys, I wanted to know that how we treat the VAT on fuel if one busniess is using one motor for business use and also for private use. Thanks	ahmad	5	1893	Mon Aug 15 17:15 2011 by Shamus
	Overpaid employee (Preview) Hi everyone, What is the correct/proper procedure if you have overpaid an employee in one month (actually for two consecutive months)? For May and June they should have had some days of sickness deducted from their pay, but....due to not being told about it...I paid them their full monthly salary....	Stardoe	6	4304	Mon Aug 15 16:51 2011 by Stardoe
	VAT Schemes (Preview) Hi, Can you please explain the which scemes is better in relation to the business of camping and leisure hire. Cash accounting or annual accounting VAT schemes	ahmad	1	1093	Sat Aug 13 19:39 2011 by Don Tax
	Hi Can you help ? (Preview) Hi I have not posted in a while. Hope everyone is well! I may of not mentioned this a while back. I have a back problem and cannot sit long at a computer or go about standing tasks for that long either. I am attempting to grow plants and sell them on a tiny scale ( that I did say a while back). Any way I was consid...	Alpine man	3	1050	Sat Aug 13 15:43 2011 by Alpine man
	Voluntary VAT (Preview) Someone I know wants to voluntarily register for VAT. The thing is he buys/raises/sells cattle & sheep. When he sells the animals there obviously isn't any vat on this fee but he says that there is vat on the auction selling fees. I thought because the actual thing he's selling is VAT exempt tha...	Suffolker	2	1341	Fri Aug 12 19:25 2011 by Suffolker
	Amending payroll Figures for last year (Preview) Firstly big hello to everyone here! I was wondering if anyone could help us out. We need to change our payroll figures for the previous year 2010-2011 however we have already closed the year in sage. Any ideas of the best way to do this. I am thinking there should be a journal but will this show correctl...	JulieTaylor30	1	979	Fri Aug 12 18:07 2011 by Susie Sue
	Still Need Convincing (Preview) I am still insecure regarding VAT, about the correct recording of a supply of goods, or services by a non registered business, to a registered business. I am now more convinced than before that these types of transaction should not be included on a VAT return but I will leave you to make your own decis...	Wella	18	13127	Thu Aug 11 23:47 2011 by ADAS
	Not received my P45 and P60 from old company (Preview) Hi wonder if anyone can help? I worked for a company in Feb 2010 and left in March 2011 to start my own business. I was employed by them and they deducted my tax and NI in the normal way from my wages. I have asked repeatedly for my P45 and P60 (I don't remember getting a p60 last year), I also think during my ye...	agrant73	3	4090	Thu Aug 11 16:48 2011 by Stardoe
	VAT Query After Inspection.... (Preview) Hi all. One of my clients had a VAT inspection, and he found a couple of sales invoices that had been raised with no VAT on. (Before my time!) Anyway, he will obviously have to pay the VAT on these. My client has contacted the customers it effects and explained what happened, and they are ok with him rais...	LizB	5	1809	Mon Aug 8 11:47 2011 by attilabenko
	VAT and business expenses abroad (Preview) Hi, If a director goes abroad and pays for hotel, taxi, meal etc. (all related to the business and will be reimbursed by the company's client) and is charged that country VAT, shall it be treated as an out of scope of VAT ? What is the procedure within the EU states and outside? Thank you!	Aleksandra	1	1545	Mon Aug 8 09:10 2011 by leshoward
	My shame expiated, any chance of a VAT refund? (Preview) In 2008, having failed to submit a VAT return in time, our small company had its VAT bill assessed by HMRC. We paid & thought that was the end of the matter. When I saw the outstanding return showing as still "live" on the website I assumed that was just one of those things I would deal with w...	chatcat	1	1180	Mon Aug 8 08:46 2011 by leshoward
	VAT on Goods on hand at De-registration + Flat Rate Scheme (Preview) Would someone be kind enough to confirm this:- We still have to account for VAT on goods on hand at De-registration when using the Flat Rate Scheme? It's a ladies outfitters if that is relevant. Many thanks Tim	Don Tax	2	2115	Fri Aug 5 15:02 2011 by Don Tax
	Payroll Schemes. (Preview) Hopefully someone can help me with this. Is it possible to register a new employer without a UTR and without having to use a simplified payoll scheme, they are all employing a personal assistants?. I'm having a bit of a nightmare trying to find software that handles simplified schemes. Does anyone k...	ADAS	6	2283	Fri Aug 5 09:31 2011 by DeanoFTM
	do i pay vat on my subcontractors wage ? (Preview) Hi all I am recently vat registered, i sometimes have electricians / gas guys etc do jobs for me, if i earn £1000 out of the job, then my gas guy charges me £400 do i pay the vat on the £1000 or just the £600 profit i made ? thanks Jack	jack1708	21	8293	Wed Aug 3 17:11 2011 by BudgetB
	NEED HELP WITH SMP (Preview) I have recently taken over the payroll for a client whom had it outsourced to an accountancy firm....the client has purchased Sage 50 Payroll and I have successfully set up all employees to date......except one employee who is on Maternity leave and has been since last financial year 10/11.....the...	Janetho	1	1201	Tue Aug 2 20:01 2011 by Stardoe
	Sage VAT Cash Accounting - How do you Reconcile it?? (Preview) Sorry if this is a daft question :- I am much more used to VAT registered companies running the normal VAT system, where you pay/reclaim VAT as invoices are received/raised. However, I have just taken on a client who runs the VAT Cash accounting system. I understand the differences between the two sys...	LizB	8	15117	Tue Aug 2 18:59 2011 by semsley
	CIS Help Please (Preview) I have just taken on a new client, who will be deducting CIS and will be offsetting their CIS suffered, couple of queries; I was thinking of using Moneysoft does anyone have any experience of the CIS treatment etc.. and also how would you deal with the amount of CIS suffered being more than the CIS, Paye &...	Julie Hall	1	1837	Tue Aug 2 17:56 2011 by Susie Sue
	Business Rates (Preview) Hi All, Just a quick question -are business rates subject to VAT? Many Thanks Richard	Moonraker	2	4463	Mon Aug 1 20:27 2011 by Don Tax
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