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

meadow · meadow

Evening everyone. I am looking for clients and when I am talking to potential clients, some of them require payroll. I understand payroll and the principles, but have never done it. I use QBO and there is a payroll module on there. Can I use that to do payroll? or do I need a qualification? They are not big...

Leger · Leger

My client is currently a Ltd Company and he's teamed up with a sole trader on a long term contract. I was expecting them to form a new Ltd Company but I've now been informed they are discussing a partnership, as it will be better from a tax point of view. One thing I have deliberately avoided so far is doing...

Marios · Marios

Good Morning everyone, I have just submitted a first VAT return for a company (connected to main company) and had to manually adjust for a credit invoice that was received only as a contra to an initial purchase invoice (that I couldn't include normally in the return as it was out of reporting date, hen...

mactas · mactas

Hi there I have recently become VAT registered. I invoiced for a job of £500 (no vat) to my client earlier this month that was excluding VAT. As I didn't have my VAT number until now. He now needs to pay me the additional VAT and would like me to invoice him just for this outstanding VAT amount (£100). What...

StuartAnder · StuartAnder

Hi, we have a subsidiary (we are also a sub) in Romania, if we raise an invoice to Romania, should we use the reverse charge category? or should we ignore VAT all together because we are in the same group? Many Thanks Stuart

Rachel767 · Rachel767

Is there a way for me to register a client for self assessment through my agent log in on Hmrc? The only thing I can see is if they're self employed, but they're a director and I can't see an option for that. Thanks in advance

Leger · Leger

Just a heads up to those submitting CIS suffered claims. HMRC now send you a report of CIS deducted, by Contractor and month, if they disagree with your claim. Mine was ever so slightly out, £7500 claimed, £3100 on their system Fortunately it wasn't me that was wrong, but the biggest contractor was...

Leger · Leger

One of my clients has started contributing to a personal pension, via a Ltd Company. He pays £100 a month through payroll and Ltd Co pays £100 a month. I just want to check the best way of accounting for this. My thought is to credit expenses: pensions on the payroll journal then debit expenses: pensio...

bk · bk

Hi everyone, I was at an AE training event last night and was advised by the presenter that you are allowed to postpone employees from entering the pension more than once. The example given was that if a worker worked irregular hours and one month their hours peaked so that they became automatically en...

Ellie16 · Ellie16

Hi, my friend wants to set up his own limited company. He wants to do two very different things - removal services and attend a garage as a car mechanic with his own stuff (i.e. car paints, some equipment). He wants to buy those car paints in another EU country as he claims it is much cheaper. Now he would li...

Princess · Princess

I have just provided all of the usual information to one of my ex-client's new accountants ie last year tax return, capital allowances, accruals. It was a sole trader who gave me everything listed in a spreadsheet so there was no bank account to reconcile. I moved a few things around, took some out to...

Gail72 · Gail72

Hello I have a client who has been very slack on their pension auto enrollment duties All i know is that it has apparently been set up, it is due to start with October payroll and needs backdating Problem is paylsip is due to be with them for Tues 25th and i have no pension info to do it despite many requests a...

lhawk · lhawk

Hi All, I am in the process of trying to make the accounts reflect the actual amount of CIS which has been deducted from invoices and I'm having a 'senior moment' regarding the journal. At present invoices are put into Quickbooks at 100% of their value, but CIS will be deducted when they are paid. I thoug...

Elaine Rae · Elaine Rae

I have a client who has an employee who's been off work due to a bike accident. The client agreed with the employee that he would pay him holiday pay for the first few weeks in order that he doesn't have a reduction in his wages, as the company doesn't pay any company sick pay and the employee would only be...

Lyndsey · Lyndsey

Hi Can anyone explain to me VAT from Jersey/Switzerland? Client bought printer cartridges from Cartridge People (registered in Jersey, but invoice addressed from Switzerland) and 0% VAT has been applied, invoices are around the £20. Should I be reporting this somewhere as no VAT has been appli...

Confuseddotcom · Confuseddotcom

Help!! Totally lost! We have just started buying from a company in Germany. We use Sage 50 & I have just worked out (finally) how to get the sterling figures included on the VAT return in boxes 2,4,7 & 9. So far so good. However, this makes no difference to the figure in box 5 - the amount we hav...

katsafe · katsafe

I am using SAGE 50 payroll, a member of staff is on maternity and questioned her pay for last month, apparently her line manager who processes the time sheets did not pass on the fact she was absent through sickness through part of July and August, the new information means the employee's last day at wor...

Elaine R · Elaine R

Hi, My client has registered for VAT as he is nearing the threshold. He spoke to HMRC who said he could go on the Flat rate scheme of 4%. How does this work? He is not going to increase his selling price of his product but absorb this. Am I right in thinking his price has to include 20% VAT but then he only pa...

el_mago · el_mago

Hi all! I'm new one here and I need a help. I would like to open a company in Sweden but I need to provide tax certificate from my last country (2years). Skatteverket (tax office in Sweden) want prove that I have no tax debts. Maybe anyone of you know where and how to get this kind of information

Thx in adv...

Cheshire · Cheshire

Hi Does anyone have a PDF copy of the CIS guide Ive posted on here loads of times? I usually posted it as a link, which then opened up as a PDF doc. Stooooopidly I didnt save the actual pdf and now the link opens up to the much less helpful web based version on the Gov. thingy website. Would just like to save...

Topic		Started By	Replies	Views	Last Post
	Providing a payroll service (Preview) Evening everyone. I am looking for clients and when I am talking to potential clients, some of them require payroll. I understand payroll and the principles, but have never done it. I use QBO and there is a payroll module on there. Can I use that to do payroll? or do I need a qualification? They are not big...	meadow	8	998	Sun Nov 20 23:32 2016 by meadow
	Partnerships (Preview) My client is currently a Ltd Company and he's teamed up with a sole trader on a long term contract. I was expecting them to form a new Ltd Company but I've now been informed they are discussing a partnership, as it will be better from a tax point of view. One thing I have deliberately avoided so far is doing...	Leger	1	791	Fri Nov 11 18:39 2016 by Cheshire
	Sage, VAT manual adjustment treatment (Preview) Good Morning everyone, I have just submitted a first VAT return for a company (connected to main company) and had to manually adjust for a credit invoice that was received only as a contra to an initial purchase invoice (that I couldn't include normally in the return as it was out of reporting date, hen...	Marios	7	2206	Fri Nov 11 18:24 2016 by Cheshire
	Invoicing for VAT after being paid (Preview) Hi there I have recently become VAT registered. I invoiced for a job of £500 (no vat) to my client earlier this month that was excluding VAT. As I didn't have my VAT number until now. He now needs to pay me the additional VAT and would like me to invoice him just for this outstanding VAT amount (£100). What...	mactas	4	11136	Tue Nov 8 11:35 2016 by mactas
	VAT on Intercompany Inv's (Preview) Hi, we have a subsidiary (we are also a sub) in Romania, if we raise an invoice to Romania, should we use the reverse charge category? or should we ignore VAT all together because we are in the same group? Many Thanks Stuart	StuartAnder	3	969	Mon Oct 31 09:22 2016 by Cheshire
	Registering client for self assessment (Preview) Is there a way for me to register a client for self assessment through my agent log in on Hmrc? The only thing I can see is if they're self employed, but they're a director and I can't see an option for that. Thanks in advance	Rachel767	2	3090	Thu Oct 27 10:21 2016 by Rachel767
	CIS suffered claims (Preview) Just a heads up to those submitting CIS suffered claims. HMRC now send you a report of CIS deducted, by Contractor and month, if they disagree with your claim. Mine was ever so slightly out, £7500 claimed, £3100 on their system Fortunately it wasn't me that was wrong, but the biggest contractor was...	Leger	2	822	Thu Oct 27 09:45 2016 by fin6y
	Pension on payroll NOT AE (Preview) One of my clients has started contributing to a personal pension, via a Ltd Company. He pays £100 a month through payroll and Ltd Co pays £100 a month. I just want to check the best way of accounting for this. My thought is to credit expenses: pensions on the payroll journal then debit expenses: pensio...	Leger	4	973	Tue Oct 25 10:45 2016 by Leger
	AE and postponement (Preview) Hi everyone, I was at an AE training event last night and was advised by the presenter that you are allowed to postpone employees from entering the pension more than once. The example given was that if a worker worked irregular hours and one month their hours peaked so that they became automatically en...	bk	11	971	Sat Oct 22 00:21 2016 by Leger
	which VAT scheme choose? (Preview) Hi, my friend wants to set up his own limited company. He wants to do two very different things - removal services and attend a garage as a car mechanic with his own stuff (i.e. car paints, some equipment). He wants to buy those car paints in another EU country as he claims it is much cheaper. Now he would li...	Ellie16	3	979	Fri Oct 21 19:20 2016 by Cheshire
	Info requested by new accountant (Preview) I have just provided all of the usual information to one of my ex-client's new accountants ie last year tax return, capital allowances, accruals. It was a sole trader who gave me everything listed in a spreadsheet so there was no bank account to reconcile. I moved a few things around, took some out to...	Princess	7	979	Fri Oct 21 10:18 2016 by Princess
	URGENT HELP NEEDED PLEASE!!!!! Auto enrolment - employer not given me info!!! (Preview) Hello I have a client who has been very slack on their pension auto enrollment duties All i know is that it has apparently been set up, it is due to start with October payroll and needs backdating Problem is paylsip is due to be with them for Tues 25th and i have no pension info to do it despite many requests a...	Gail72	4	938	Thu Oct 20 11:10 2016 by Emmiestar
	CIS Journals- can you help me? (Preview) Hi All, I am in the process of trying to make the accounts reflect the actual amount of CIS which has been deducted from invoices and I'm having a 'senior moment' regarding the journal. At present invoices are put into Quickbooks at 100% of their value, but CIS will be deducted when they are paid. I thoug...	lhawk	6	1542	Sun Oct 16 18:50 2016 by Cheshire
	Paying SSP and Holiday Pay (Preview) I have a client who has an employee who's been off work due to a bike accident. The client agreed with the employee that he would pay him holiday pay for the first few weeks in order that he doesn't have a reduction in his wages, as the company doesn't pay any company sick pay and the employee would only be...	Elaine Rae	2	3060	Fri Oct 14 12:52 2016 by Elaine Rae
	VAT from purchase from Jersey (Flat Rate VAT scheme) (Preview) Hi Can anyone explain to me VAT from Jersey/Switzerland? Client bought printer cartridges from Cartridge People (registered in Jersey, but invoice addressed from Switzerland) and 0% VAT has been applied, invoices are around the £20. Should I be reporting this somewhere as no VAT has been appli...	Lyndsey	9	1842	Fri Oct 14 09:31 2016 by Cheshire
	VAT & Germany (Preview) Help!! Totally lost! We have just started buying from a company in Germany. We use Sage 50 & I have just worked out (finally) how to get the sterling figures included on the VAT return in boxes 2,4,7 & 9. So far so good. However, this makes no difference to the figure in box 5 - the amount we hav...	Confuseddotcom	6	1207	Tue Oct 4 14:08 2016 by Confuseddotcom
	SSP underpaid for previous pay period (Preview) I am using SAGE 50 payroll, a member of staff is on maternity and questioned her pay for last month, apparently her line manager who processes the time sheets did not pass on the fact she was absent through sickness through part of July and August, the new information means the employee's last day at wor...	katsafe	3	1603	Tue Oct 4 11:45 2016 by katsafe
	Flat rate VAT scheme (Preview) Hi, My client has registered for VAT as he is nearing the threshold. He spoke to HMRC who said he could go on the Flat rate scheme of 4%. How does this work? He is not going to increase his selling price of his product but absorb this. Am I right in thinking his price has to include 20% VAT but then he only pa...	Elaine R	2	773	Tue Oct 4 01:37 2016 by Leger
	Tax certificate from the tax authorithy - UK (Preview) Hi all! I'm new one here and I need a help. I would like to open a company in Sweden but I need to provide tax certificate from my last country (2years). Skatteverket (tax office in Sweden) want prove that I have no tax debts. Maybe anyone of you know where and how to get this kind of information Thx in adv...	el_mago	8	1361	Mon Oct 3 20:22 2016 by Cheshire
	CIS - PDF guide (Preview) Hi Does anyone have a PDF copy of the CIS guide Ive posted on here loads of times? I usually posted it as a link, which then opened up as a PDF doc. Stooooopidly I didnt save the actual pdf and now the link opens up to the much less helpful web based version on the Gov. thingy website. Would just like to save...	Cheshire	4	868	Mon Oct 3 10:47 2016 by pictures
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