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

Leger · Leger

First time this has happened on my watch, but one of my clients has had his tax refund delayed for "security reasons". They told me the other day that it could take up to the 12th June to be decided, but they told my client this morning it would be released on 17th May but could take until 12th June to reach (...

Blonde Accountant · Blonde Accountant

Hello, A client of mine fit out narrow boats and are about to fit out a boat for a charity. It is to be a boat suitable for disabled people, so what I can make out it can be vat free. However, from my clients point of view, are they ok to claim the vat on suppliers invoices to make this disabled boat, or do they ha...

MX8000 · MX8000

Hi I have just started working at a company and can see that they have lots of duplicated invoices on their sales ledger that were reported in their last VAT return which they do quarterly. I want to clear these off before I submit my return for the last quarter but I'm not sure what the best thing to do is....

Frank · Frank

Hi I am brand new to this forum so I hope this question makes sense and hope you can help. The Small Tools tax allowance enabled landlords and businesses to deduct the cost of replacement tools in computing profits, providing immediate 100% relief for the costs. In its application to landlords, the al...

Daisybee · Daisybee

Hello Everyone I am a new Book Keeper, so everything is still a learning curve. I have a new client and they have asked me to process their quarterly VAT Return, this is something I do for my husbands business so fingers crossed I will be ok processing it. Their accountant has pointed out to me that they ...

HeidiBoo75 · HeidiBoo75

Good Morning, hoping I can get an answer to my question with completing a CT return. If the company made a loss last tax year and a profit this tax year, how do I report it on the tax return? At the moment, with the way I'm doing it, it looks like the company has completely recovered the loss and made a profit...

Blonde Accountant · Blonde Accountant

Hello, A client of mine is considering taking on a new employee, but they want to give him a trial first, probably three days. They intend to pay him, does he have to go the payroll? Many thanks Nicola

Leger · Leger

Client did not complete a tax return 2015/16 or 2016/17. I had more or less forgotten about him until he phoned me this morning and said he wants to go bankrupt and does he need to complete the missing tax returns and 2017/18. I've actually no idea although my gut feeling is yes. I say client rather than...

helpmeplease · helpmeplease

Hi i have an ebay account VAT registered but the sad thing with ebay/ paypal is they don't have any reports which show the vat element breakdown. You can only get a total figure ie £20 for a sale it doesn't show a breakdown with the VAt figure charged so i have to manually work out the sales per month and spl...

Artois · Artois

Hi all Just a quick post before I crack open a beer and enjoy what is left of the sunshine. My client (same one as I posted about transfer of VAT number) has won this big building job, the job is for a property developer and involves converting a commercial building into residential, my understanding is...

Jay · Jay

Good morning. I met with two new clients on 7th April 2018 both requiring new PAYE schemes. In the past we have telephoned HMRC and obtained the necessary reference numbers by telephone the same day. As HMRC encourage us to use online filing and registration I registered both companies online on 7th A...

Artois · Artois

Afternoon all I have a sole trader client who has just gained a large job which will end up sending him over the VAT threshold over the coming months so we have decided to register for VAT now before it starts, customer is a VAT registered contractor so no problems with additional cost as this can be recl...

Pimmsgirl · Pimmsgirl

Local village hall is looking to register for VAT as they want to build a multi-use-games-area (build in the loosest sense, looks to be setting up pitches on the recreation area) Cost will be about £70k plus VAT of around £14k which they would like to reclaim. But if they register to reclaim this I think...

Daisybee · Daisybee

Hello everyone, I have recently become a self-employed Book Keeper, passing my Level 2 AAT in Book Keeping, currently studying the Advanced Level 3 Diploma. New clients keep asking if I have Payroll experience which I currently do not and the AAT Book Keeping course does not teach you this. So I am c...

Emilie · Emilie

Hi, I have a client with a LTD company which is cis registered. He is the director. His company invoices the recruitment agency with 20% cis deducted. He is the only person in the company and as director wud He be classed as an employee paying PAYE and NIC. How would He reclaim the cis paid by the compan...

Artois · Artois

Hi all, Not sure if this is correct but I am sure that I read somewhere that you do not need to have HMRC client authorisation if you are going to file their Tax Return using commercial accounting software. I use Taxfiler and have always waited for the authorisation before submitting returns just want...

Leger · Leger

Employee received £120 a week paid on a monthly basis. Moneysoft has calculated £124.62 because the employee was paid £600 in December (5 weeks) and £480 in January (4 weeks) so am I ok to ignore that and overwrite the average weekly rate at £125.28 (being the new NLW at 16 hours) or should I pay the emp...

pictures · pictures

I wasn't sure whether I shoudl post this here or in software but as I rarely venture into software here goes. We use Sage 50 Payroll We bought the software when RTI first came in, up until then my colleague had been operatinga manual payroll with the working deductions cards. Its a desktop version, one...

Jay · Jay

Two of our Ltd companies had weekly paid employees........... took this on from a previous accountant. With the clients agreement we were to change them all to monthly. On both Companies I managed to change to monthly all but the first named employee. The problem was resolved by Moneysoft ( excelle...

Artois · Artois

Hi all You can tell its April 6th Got a phone call earlier from a client asking " Hi Doug, if I drop all my paperwork around to you later do you reckon you will be able to get my tax return submitted today as I could really do with the refund" As Vince would say FFS

Topic		Started By	Replies	Views	Last Post
	Tax Refund Delay (Preview) First time this has happened on my watch, but one of my clients has had his tax refund delayed for "security reasons". They told me the other day that it could take up to the 12th June to be decided, but they told my client this morning it would be released on 17th May but could take until 12th June to reach (...	Leger	3	1193	Fri May 4 23:49 2018 by Leger
	Charity vat (Preview) Hello, A client of mine fit out narrow boats and are about to fit out a boat for a charity. It is to be a boat suitable for disabled people, so what I can make out it can be vat free. However, from my clients point of view, are they ok to claim the vat on suppliers invoices to make this disabled boat, or do they ha...	Blonde Accountant	2	1142	Fri May 4 15:06 2018 by Blonde Accountant
	Duplicated Invoice and VAT (Preview) Hi I have just started working at a company and can see that they have lots of duplicated invoices on their sales ledger that were reported in their last VAT return which they do quarterly. I want to clear these off before I submit my return for the last quarter but I'm not sure what the best thing to do is....	MX8000	7	2298	Thu May 3 14:49 2018 by Cheshire
	I need help with the Landlords Change in Tax Allowance for Small Tools / Domestic Appliances Landlords tax relief small tools tax allowance domestic appliances (Preview) Hi I am brand new to this forum so I hope this question makes sense and hope you can help. The Small Tools tax allowance enabled landlords and businesses to deduct the cost of replacement tools in computing profits, providing immediate 100% relief for the costs. In its application to landlords, the al...	Frank	17	2382	Wed May 2 11:37 2018 by Cheshire
	VAT Return - Fuel Scale Charges (Preview) Hello Everyone I am a new Book Keeper, so everything is still a learning curve. I have a new client and they have asked me to process their quarterly VAT Return, this is something I do for my husbands business so fingers crossed I will be ok processing it. Their accountant has pointed out to me that they ...	Daisybee	2	1256	Mon Apr 30 18:07 2018 by Cheshire
	Corporation Tax question!! (Preview) Good Morning, hoping I can get an answer to my question with completing a CT return. If the company made a loss last tax year and a profit this tax year, how do I report it on the tax return? At the moment, with the way I'm doing it, it looks like the company has completely recovered the loss and made a profit...	HeidiBoo75	9	1260	Wed Apr 25 15:32 2018 by Cheshire
	Trial paid period (Preview) Hello, A client of mine is considering taking on a new employee, but they want to give him a trial first, probably three days. They intend to pay him, does he have to go the payroll? Many thanks Nicola	Blonde Accountant	5	1261	Wed Apr 25 10:35 2018 by Cheshire
	Client about to go bankrupt. Tax return needed? (Preview) Client did not complete a tax return 2015/16 or 2016/17. I had more or less forgotten about him until he phoned me this morning and said he wants to go bankrupt and does he need to complete the missing tax returns and 2017/18. I've actually no idea although my gut feeling is yes. I say client rather than...	Leger	6	1437	Tue Apr 24 18:50 2018 by Cheshire
	Ebay - Best 3rd party software for VAT accounting (Preview) Hi i have an ebay account VAT registered but the sad thing with ebay/ paypal is they don't have any reports which show the vat element breakdown. You can only get a total figure ie £20 for a sale it doesn't show a breakdown with the VAt figure charged so i have to manually work out the sales per month and spl...	helpmeplease	18	2374	Tue Apr 24 13:59 2018 by Cheshire
	VAT Reduced rate (Preview) Hi all Just a quick post before I crack open a beer and enjoy what is left of the sunshine. My client (same one as I posted about transfer of VAT number) has won this big building job, the job is for a property developer and involves converting a commercial building into residential, my understanding is...	Artois	2	1210	Fri Apr 20 18:56 2018 by Artois
	Opening new PAYE Schemes (Preview) Good morning. I met with two new clients on 7th April 2018 both requiring new PAYE schemes. In the past we have telephoned HMRC and obtained the necessary reference numbers by telephone the same day. As HMRC encourage us to use online filing and registration I registered both companies online on 7th A...	Jay	2	1325	Thu Apr 19 16:20 2018 by Jay
	Transfer of VAT number (Preview) Afternoon all I have a sole trader client who has just gained a large job which will end up sending him over the VAT threshold over the coming months so we have decided to register for VAT now before it starts, customer is a VAT registered contractor so no problems with additional cost as this can be recl...	Artois	7	1518	Tue Apr 17 21:03 2018 by Artois
	Village Hall registered as a charity looking to VAT register - good idea? Charity VAT (Preview) Local village hall is looking to register for VAT as they want to build a multi-use-games-area (build in the loosest sense, looks to be setting up pitches on the recreation area) Cost will be about £70k plus VAT of around £14k which they would like to reclaim. But if they register to reclaim this I think...	Pimmsgirl	9	4070	Mon Apr 16 22:03 2018 by Kinbuck
	PAYROLL QUALIFICATIONS (Preview) Hello everyone, I have recently become a self-employed Book Keeper, passing my Level 2 AAT in Book Keeping, currently studying the Advanced Level 3 Diploma. New clients keep asking if I have Payroll experience which I currently do not and the AAT Book Keeping course does not teach you this. So I am c...	Daisybee	9	3275	Sat Apr 14 19:39 2018 by Cheshire
	CIS LTD COMPANY (Preview) Hi, I have a client with a LTD company which is cis registered. He is the director. His company invoices the recruitment agency with 20% cis deducted. He is the only person in the company and as director wud He be classed as an employee paying PAYE and NIC. How would He reclaim the cis paid by the compan...	Emilie	24	1913	Fri Apr 13 16:10 2018 by pictures
	HMRC client authorisation (Preview) Hi all, Not sure if this is correct but I am sure that I read somewhere that you do not need to have HMRC client authorisation if you are going to file their Tax Return using commercial accounting software. I use Taxfiler and have always waited for the authorisation before submitting returns just want...	Artois	3	1212	Fri Apr 13 13:41 2018 by Artois
	SMP Average weekly rate. (Preview) Employee received £120 a week paid on a monthly basis. Moneysoft has calculated £124.62 because the employee was paid £600 in December (5 weeks) and £480 in January (4 weeks) so am I ok to ignore that and overwrite the average weekly rate at £125.28 (being the new NLW at 16 hours) or should I pay the emp...	Leger	6	1095	Fri Apr 13 13:05 2018 by Leger
	SageCover (Preview) I wasn't sure whether I shoudl post this here or in software but as I rarely venture into software here goes. We use Sage 50 Payroll We bought the software when RTI first came in, up until then my colleague had been operatinga manual payroll with the working deductions cards. Its a desktop version, one...	pictures	23	1339	Tue Apr 10 08:37 2018 by Kinbuck
	Payroll manager - changing from weekly to monthly paid. (Preview) Two of our Ltd companies had weekly paid employees........... took this on from a previous accountant. With the clients agreement we were to change them all to monthly. On both Companies I managed to change to monthly all but the first named employee. The problem was resolved by Moneysoft ( excelle...	Jay	0	2179	Mon Apr 9 12:21 2018 by Jay
	First of the new tax year (Preview) Hi all You can tell its April 6th Got a phone call earlier from a client asking " Hi Doug, if I drop all my paperwork around to you later do you reckon you will be able to get my tax return submitted today as I could really do with the refund" As Vince would say FFS	Artois	6	1053	Mon Apr 9 11:47 2018 by Jay
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