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

baxybaxy · baxybaxy

Hi, First post - so be gentle! I am a freelancer registered as a sole trader. Often, I incur business mileage incurred on client business (which is charged on to clients). The VAT treatment has me a bit confused, including how to fill in my VAT return. On the sales side, I think I am OK - I charge out my mile...

sage user · sage user

How do i record an advance salary for an employee what is the double entry I know i Credit the bank but where does the other side go to?

Dew · Dew

Hi there, could anyone tell me if I can put VAT on rechargeable expenses that I didn't pay VAT on, for example congestion charge, mielage or parking... many thanks -- Edited by Dew on Thursday 6th of May 2010 02:07:47 PM

Rhianrach · Rhianrach

So two months after starting my experience and after one VAT return we are now due an inspection, which is great. Any how I reran the vat report on sage for the period just gone and there is a difference of £60 on the purchase side due to a few amendments I made whilst tidying up the suppliers a couple of week...

Blacker9999 · Blacker9999

Hi folks, Thnking of starting the self Assessment course for Taxes - Anybody got ideas where to look or how to start. Cheers Ronnie

Silly Digits · Silly Digits

Hi all I have a client that has made a vary small profit £200. My question is usaually I would claim 20% capital allowance £700. But this will end up with a loss. Do I have to claim capital allowances this year? I know you can put losses against previous years and future years, any advise would be apprec...

Marky65 · Marky65

Hi Apologies for always seeming to ask questions lately rather than contributing to the forum, it is just these damn clients keep getting in the way. Anyway, I have another issue for a Ltd company that I do the bookkeeping and am starting to do the payroll for. The client who is director of ltd company a...

DebbieM · DebbieM

I've recently been informed by another book keeper that you don't need to keep fuel receipts if the amount of fuel upon which you are reclaiming VAT is less than £50 ..... is this correct? Thanks, Deb

Silly Digits · Silly Digits

I have a client who started business this year and has bought some of his own tools into his business. Sole trader, non VAT registered. He has no receipts. Value if replaced new about £400. Would anything be able to go against his tax. As a capital allowance/AIA?

Marky65 · Marky65

Hi I am trying to obtain authorisation for a new payroll client online and I am inputting their details directly from their welcome letter from HMRC, so they should be correct. But it keeps being rejected as failed stating "ERROR: HM Revenue & Customs is unable to identify your client from t...

fraser1969 · fraser1969

Hi can anyone advise? I have a couple of hotel bills from France that have "TVA 5.5%" and "TVA 19.6%". Does anyone know which tax code to use on Sage?

Marky65 · Marky65

Hi I have just taken on another payroll client who registered last year as an employer but they haven't employed anyone until now. How do I go about filing online with no employees. I have just tried the HMRC online system and it seems to only work if you have a p14 for at least one employee. Thanks for you...

smartin · smartin

Hi I have been reading some of the threads here about how to deal with CIS on a computerised system. My query is a bit strange. I am newly qualified but have been dealing with my husbands accounts manually (soon to move them onto Sage for his new financial year). I have a CIS account (he is a sub-contractor...

StuartAnder · StuartAnder

Im totally confused, can some one tell wat it is please.... Many Thanks Stu

sgrahams · sgrahams

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Sue T · Sue T

My client earnt £45570.53 for tax yr 09/10. They had a P45 up to mth 10 showing the following Total pay to Date £39403.85 and Total tax to date £7398.26. Tax code 638L I did the payroll for mth 11 - Gross wage 3083.34 tax deducted £397.07 and same for mth 12 (Done on 12Pay system) tax code 638L. I phone hmrc...

Wella · Wella

Couple of reasons for posting Firstly to get my count up, Lorraines catching up fast!! Secondly, I have recently filed PAYE year end P14/ P35 for two different clients. The first I did using Sage 50 Payroll, the second I did online directly filling in the appropriate boxes. Having checked the status...

annisa · annisa

Hi all, i have a potential client who started a shop in June 09 (sweet shop and kids clothes) she would like an annual VAT return to start with and then maybe quaterly as the business grows so when is the earliest date to file one? as im new to this just started out as a bookkeeper, would she need to do a self a...

jacmatt · jacmatt

Just doing my VAT return on sage and it is not registering VAT on my purchases. All figures on the correct tax code and showing correct every way I look at them except on the VAT retum. What have I done, is it possibly something I adjusted when altering VAT from 15% to 17.5% - except my sales figures are fine...

smartin · smartin

Hi I am working my way through the ICB payroll exam and have completed all the computerised questions and I am working on the manual bits. There is, however, a question that I think I am tackling the wrong way as it seems to me to be a trick question ! (Probably not, I maybe just paronoid). The question read...

Topic		Started By	Replies	Views	Last Post
	Confused on VAT for mileage (Preview) Hi, First post - so be gentle! I am a freelancer registered as a sole trader. Often, I incur business mileage incurred on client business (which is charged on to clients). The VAT treatment has me a bit confused, including how to fill in my VAT return. On the sales side, I think I am OK - I charge out my mile...	baxybaxy	4	7876	Tue May 11 10:01 2010 by baxybaxy
	how to record an advance salary ( the double entry effect?) (Preview) How do i record an advance salary for an employee what is the double entry I know i Credit the bank but where does the other side go to?	sage user	4	8948	Tue May 11 09:44 2010 by sage user
	VAT on rechargeable expenses (Preview) Hi there, could anyone tell me if I can put VAT on rechargeable expenses that I didn't pay VAT on, for example congestion charge, mielage or parking... many thanks -- Edited by Dew on Thursday 6th of May 2010 02:07:47 PM	Dew	8	4844	Thu May 6 16:56 2010 by Dew
	VAT inspection (Preview) So two months after starting my experience and after one VAT return we are now due an inspection, which is great. Any how I reran the vat report on sage for the period just gone and there is a difference of £60 on the purchase side due to a few amendments I made whilst tidying up the suppliers a couple of week...	Rhianrach	23	6924	Thu May 6 10:58 2010 by Rhianrach
	Self-Assessment course. (Preview) Hi folks, Thnking of starting the self Assessment course for Taxes - Anybody got ideas where to look or how to start. Cheers Ronnie	Blacker9999	9	4548	Tue May 4 13:25 2010 by littlebookkeeper
	Capital Allowances (Preview) Hi all I have a client that has made a vary small profit £200. My question is usaually I would claim 20% capital allowance £700. But this will end up with a loss. Do I have to claim capital allowances this year? I know you can put losses against previous years and future years, any advise would be apprec...	Silly Digits	9	3810	Tue May 4 10:45 2010 by Silly Digits
	Newish client - paye problem (Preview) Hi Apologies for always seeming to ask questions lately rather than contributing to the forum, it is just these damn clients keep getting in the way. Anyway, I have another issue for a Ltd company that I do the bookkeeping and am starting to do the payroll for. The client who is director of ltd company a...	Marky65	8	2304	Mon May 3 09:23 2010 by Marky65
	VAT on fuel and fuel receipts ...... (Preview) I've recently been informed by another book keeper that you don't need to keep fuel receipts if the amount of fuel upon which you are reclaiming VAT is less than £50 ..... is this correct? Thanks, Deb	DebbieM	27	11270	Fri Apr 30 21:17 2010 by Rhianrach
	Tools bought into a business (Preview) I have a client who started business this year and has bought some of his own tools into his business. Sole trader, non VAT registered. He has no receipts. Value if replaced new about £400. Would anything be able to go against his tax. As a capital allowance/AIA?	Silly Digits	13	2513	Fri Apr 30 16:12 2010 by semsley
	HMRC - PAYE Request Authorisation (Preview) Hi I am trying to obtain authorisation for a new payroll client online and I am inputting their details directly from their welcome letter from HMRC, so they should be correct. But it keeps being rejected as failed stating "ERROR: HM Revenue & Customs is unable to identify your client from t...	Marky65	5	4010	Thu Apr 29 22:42 2010 by Susie Sue
	French hotel invoice (Preview) Hi can anyone advise? I have a couple of hotel bills from France that have "TVA 5.5%" and "TVA 19.6%". Does anyone know which tax code to use on Sage?	fraser1969	1	2927	Thu Apr 29 17:36 2010 by Denise
	Payroll Year End but no employees (Preview) Hi I have just taken on another payroll client who registered last year as an employer but they haven't employed anyone until now. How do I go about filing online with no employees. I have just tried the HMRC online system and it seems to only work if you have a p14 for at least one employee. Thanks for you...	Marky65	2	2251	Thu Apr 29 17:16 2010 by Marky65
	CIS on the balance sheet (Preview) Hi I have been reading some of the threads here about how to deal with CIS on a computerised system. My query is a bit strange. I am newly qualified but have been dealing with my husbands accounts manually (soon to move them onto Sage for his new financial year). I have a CIS account (he is a sub-contractor...	smartin	9	6325	Wed Apr 28 17:57 2010 by RobH
	Can someone explain wat CIS is ??? (Preview) Im totally confused, can some one tell wat it is please.... Many Thanks Stu	StuartAnder	1	1673	Wed Apr 28 16:24 2010 by RuthA
	VAT disbursement (Preview) <!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0cm; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:Arial; mso-fareast-font-family:"Times New Rom...	sgrahams	5	5248	Tue Apr 27 20:22 2010 by RuthA
	Are both me and HMRC going mad? Tax deduction differs. (Preview) My client earnt £45570.53 for tax yr 09/10. They had a P45 up to mth 10 showing the following Total pay to Date £39403.85 and Total tax to date £7398.26. Tax code 638L I did the payroll for mth 11 - Gross wage 3083.34 tax deducted £397.07 and same for mth 12 (Done on 12Pay system) tax code 638L. I phone hmrc...	Sue T	5	5168	Tue Apr 27 19:56 2010 by Sue T
	PAYE Year End Status (Preview) Couple of reasons for posting Firstly to get my count up, Lorraines catching up fast!! Secondly, I have recently filed PAYE year end P14/ P35 for two different clients. The first I did using Sage 50 Payroll, the second I did online directly filling in the appropriate boxes. Having checked the status...	Wella	6	2431	Tue Apr 27 19:20 2010 by Wella
	VAT Returns (Preview) Hi all, i have a potential client who started a shop in June 09 (sweet shop and kids clothes) she would like an annual VAT return to start with and then maybe quaterly as the business grows so when is the earliest date to file one? as im new to this just started out as a bookkeeper, would she need to do a self a...	annisa	5	2477	Sun Apr 25 11:18 2010 by adi2402
	sage VAT return (Preview) Just doing my VAT return on sage and it is not registering VAT on my purchases. All figures on the correct tax code and showing correct every way I look at them except on the VAT retum. What have I done, is it possibly something I adjusted when altering VAT from 15% to 17.5% - except my sales figures are fine...	jacmatt	9	7265	Thu Apr 22 18:13 2010 by RobH
	Payroll Exam (Preview) Hi I am working my way through the ICB payroll exam and have completed all the computerised questions and I am working on the manual bits. There is, however, a question that I think I am tackling the wrong way as it seems to me to be a trick question ! (Probably not, I maybe just paronoid). The question read...	smartin	4	2815	Thu Apr 22 15:09 2010 by smartin
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