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

Cheshire · Cheshire

Hi I have a new customer who sells via their own website but is also starting selling through Amazon and Ebay. At the moment I only see the sales on the Bank statement which is clearly not sufficient. My customer is VAT registered - do Amazon and Ebay provide breakdowns of all sales and then splits betw...

Worpet · Worpet

hi, I need help big time. the company I'm working for have realised that they have not charged VAT when they should have to customers they have done work for. They should have been charging VAT on travel etc. but haven't. the customer now wants the last 4 years worth of invoices crediting, then re-invoi...

sarah493 · sarah493

Hi All, There is probably an obvious answer to this but I'm just wanting to check. If a clients payments on account are more than the tax liability, so is due a repayment.....but is still required to make payments on account as next years liability is still likely to be over £1k / more than 20% of the tax...

pargrey · pargrey

Hi Could anyone tell me which vat code I should use when entering a vehicle lease rental invoice please. I am aware I can only claim back 50% of the vat but not sure how to post it sage. many thanks Sue

Elaine R · Elaine R

Hi, I have a new client who is a sole director/employee of his limited company. He has not long been trading and as yet has not taken any pay out of the company. He has been set up with HMRC as an employee and I have got him set up on payroo to run the payroll. If he doesn't take a salary regularly do I still need...

norsims · norsims

Hey all, just wondering: I used Aged uk online tax calculator and the result shows that the taxable income after allowances = £10200. So that's £10200 taxed @ 20% I assume? However, in the next part of of their calculation shows 'Tax is due as follows' income taxed at basic rate (20%) =£9164. Why is the...

gadgetic · gadgetic

OK, so I sell in a few marketplaces. Amazon UK, DE, FR, ES and USA. As well as ebay.co.uk. I am in the process of starting ebay.de. The only thing which I cannot get my head around is how to accurately calculate my VAT returns for the tax man. I need to separate EU and non-EU sales. This is pretty easy f...

Lady of Ledger · Lady of Ledger

I do payroll for a number of clients - and want to offer an auto enrolment option, but can't decide between NOW Pensions or Peoples Pension - what are your experiences and thoughts..... Which is the better value for money............. Which would you go for........and why..? Which do you think is the...

Durbanlady · Durbanlady

I would be grateful if anyone can help with this problem. I am using Kash Flow, the end of year trial balance does not balance , this is because of an invoice from a freight company for duty and vat on goods imported from the USA, where I must have posted the Vat incorrectly. For the option of "out...

Sammy76 · Sammy76

Filling out my first ever P11d, and am I right that the Car benefit charge, calculated on HMRC website, is the figure that goes in the Cash Equivalent of Car box?

blueeyes · blueeyes

Hi all, Please could you advise on a currently employed client who has also recently become Self employed. He has registered for self assessment online and received his UTR. Will he also be required to pay NI Class 2? Isn't it getting rolled into the S/A tax return from 2016? Thanks in advance

SarahB · SarahB

Good Afternoon, I have a question regarding the treatment of VAT within a company on sales. We have 5 companies within a few miles of each other and within one company we have a café and restaurant where staff can purchase meals the same as the public. My scenario - If I bought a sandwich at the café and...

Mark99 · Mark99

Hi I'm registering a partnership of two CORGI gas plumbers for VAT and am thinking of applying to go onto the Flat Rate Scheme. Can anyone tell me what the percentage rate is for this sort of business? Mark.

sage123 · sage123

Hi All We have a vat deadline for the company on 7th august and what happened is weird. As we were trying to submit the RTI info today, we got an error and then it came to light somebody had changed the online hmrc password. Then we tried to rest password online and was sure we clicked online request , but a...

Sammy76 · Sammy76

Ran Payroll for work this week and the P32 is showing a deduction for employers allowance, despite the £2000 already being used up back in May. How do I rectify this? Would this have been sent with the FPS. I've not included this in our payroll journal as I'm sure it's incorrect but why would Sage have mad...

Jay · Jay

Good afternoon.I just wondered if anyone has experience with the following?I met with a prospective client yesterday currently employed within PAYE.He advised that he started a business within 2014/2015. HMRC not notified, but I will deal with that.Basically he purchases advertising credit p...

greenled · greenled

Hi All, I have recently started a LIGHT business and I will be importing products from China. I had applied for my VAT on 12th Mar-15, yet i haven't received it. Now my goods are ready for collection at port in Felixstowe. I got dummy EORI number using which I should be able to clear customs and collect t...

Cheshire · Cheshire

Hi Ive seen a few postings on here about reverse charge, but wanted to see what people thought of this one and where it sits in the VAT return. Services only supplied to EU member states (not digital) and all to companies abroad who provide (verified) VAT numbers so 'reverse charge' and these VAT number...

Markosta · Markosta

Hello can you explain how this reverse charge works Im filling in online VAT return and still trying to figure it out A Freight forwarding company based in UK VAT registered B customer UK company VAT registered C transport company in France Customer B gives goods for Freight forwarder A Freight forw...

FoxAccountancyServices · FoxAccountancyServices

Hi All Once again, I am second guessing myself on accounting for reverse charges on purchases. Would someone just clarify? Originally, based on the HMRC notes, I thought the net and the VAT appeared in box 1 (and 3), box 4, box 6 and box 7. Box 6: your total sales excluding VATEnter the total figure for...

Topic		Started By	Replies	Views	Last Post
	Amazon/Ebay sales and accounting for sales (including VAT) (Preview) Hi I have a new customer who sells via their own website but is also starting selling through Amazon and Ebay. At the moment I only see the sales on the Bank statement which is clearly not sufficient. My customer is VAT registered - do Amazon and Ebay provide breakdowns of all sales and then splits betw...	Cheshire	43	10551	Mon Aug 24 21:33 2015 by Cheshire
	credits on SAGE (Preview) hi, I need help big time. the company I'm working for have realised that they have not charged VAT when they should have to customers they have done work for. They should have been charging VAT on travel etc. but haven't. the customer now wants the last 4 years worth of invoices crediting, then re-invoi...	Worpet	2	819	Mon Aug 24 21:20 2015 by Cheshire
	Negative tax liability and 'payments on account' (Preview) Hi All, There is probably an obvious answer to this but I'm just wanting to check. If a clients payments on account are more than the tax liability, so is due a repayment.....but is still required to make payments on account as next years liability is still likely to be over £1k / more than 20% of the tax...	sarah493	0	806	Thu Aug 20 15:11 2015 by sarah493
	vat on lease rental (Preview) Hi Could anyone tell me which vat code I should use when entering a vehicle lease rental invoice please. I am aware I can only claim back 50% of the vat but not sure how to post it sage. many thanks Sue	pargrey	2	4843	Wed Aug 19 22:25 2015 by pargrey
	Director paying himself through PAYE (Preview) Hi, I have a new client who is a sole director/employee of his limited company. He has not long been trading and as yet has not taken any pay out of the company. He has been set up with HMRC as an employee and I have got him set up on payroo to run the payroll. If he doesn't take a salary regularly do I still need...	Elaine R	10	2383	Wed Aug 19 21:42 2015 by Cheshire
	Self assessment taxable income (Preview) Hey all, just wondering: I used Aged uk online tax calculator and the result shows that the taxable income after allowances = £10200. So that's £10200 taxed @ 20% I assume? However, in the next part of of their calculation shows 'Tax is due as follows' income taxed at basic rate (20%) =£9164. Why is the...	norsims	2	1123	Mon Aug 17 12:50 2015 by norsims
	Calculating VAT when you have Amazon Marketplace non-EU sales/refunds (Preview) OK, so I sell in a few marketplaces. Amazon UK, DE, FR, ES and USA. As well as ebay.co.uk. I am in the process of starting ebay.de. The only thing which I cannot get my head around is how to accurately calculate my VAT returns for the tax man. I need to separate EU and non-EU sales. This is pretty easy f...	gadgetic	5	3000	Mon Aug 17 11:24 2015 by Cheshire
	Auto Enrolment - which Managment Trust option to choose Auto enrolment Now Pensions Peoples Pension Payroll (Preview) I do payroll for a number of clients - and want to offer an auto enrolment option, but can't decide between NOW Pensions or Peoples Pension - what are your experiences and thoughts..... Which is the better value for money............. Which would you go for........and why..? Which do you think is the...	Lady of Ledger	21	12595	Thu Aug 13 15:34 2015 by Don Tax
	Dealing with Vat on imports from USA (Preview) I would be grateful if anyone can help with this problem. I am using Kash Flow, the end of year trial balance does not balance , this is because of an invoice from a freight company for duty and vat on goods imported from the USA, where I must have posted the Vat incorrectly. For the option of "out...	Durbanlady	1	731	Sun Aug 9 15:30 2015 by Cheshire
	P11d (Preview) Filling out my first ever P11d, and am I right that the Car benefit charge, calculated on HMRC website, is the figure that goes in the Cash Equivalent of Car box?	Sammy76	3	4946	Thu Aug 6 13:47 2015 by JRA
	Class 2 National Insurance along with employment (Preview) Hi all, Please could you advise on a currently employed client who has also recently become Self employed. He has registered for self assessment online and received his UTR. Will he also be required to pay NI Class 2? Isn't it getting rolled into the S/A tax return from 2016? Thanks in advance	blueeyes	1	906	Wed Aug 5 11:50 2015 by Leger
	VAT on intercompany transactions (Preview) Good Afternoon, I have a question regarding the treatment of VAT within a company on sales. We have 5 companies within a few miles of each other and within one company we have a café and restaurant where staff can purchase meals the same as the public. My scenario - If I bought a sandwich at the café and...	SarahB	1	3927	Tue Aug 4 16:22 2015 by leshoward
	CORGI Gas Plumbing Engineers - VAT Flat Rate (Preview) Hi I'm registering a partnership of two CORGI gas plumbers for VAT and am thinking of applying to go onto the Flat Rate Scheme. Can anyone tell me what the percentage rate is for this sort of business? Mark.	Mark99	5	2236	Mon Aug 3 20:05 2015 by Mark99
	Vat Log in error (Preview) Hi All We have a vat deadline for the company on 7th august and what happened is weird. As we were trying to submit the RTI info today, we got an error and then it came to light somebody had changed the online hmrc password. Then we tried to rest password online and was sure we clicked online request , but a...	sage123	0	724	Mon Aug 3 19:29 2015 by sage123
	Sage Payroll & Employment allowance (Preview) Ran Payroll for work this week and the P32 is showing a deduction for employers allowance, despite the £2000 already being used up back in May. How do I rectify this? Would this have been sent with the FPS. I've not included this in our payroll journal as I'm sure it's incorrect but why would Sage have mad...	Sammy76	2	2954	Fri Jul 31 13:00 2015 by Sammy76
	Is this a loss? (Preview) Good afternoon.I just wondered if anyone has experience with the following?I met with a prospective client yesterday currently employed within PAYE.He advised that he started a business within 2014/2015. HMRC not notified, but I will deal with that.Basically he purchases advertising credit p...	Jay	13	2049	Thu Jul 30 14:11 2015 by Shamus
	VAT claim on imports (Preview) Hi All, I have recently started a LIGHT business and I will be importing products from China. I had applied for my VAT on 12th Mar-15, yet i haven't received it. Now my goods are ready for collection at port in Felixstowe. I got dummy EORI number using which I should be able to clear customs and collect t...	greenled	6	5156	Wed Jul 29 13:06 2015 by Cheshire
	Reverse charge on services to EU (Preview) Hi Ive seen a few postings on here about reverse charge, but wanted to see what people thought of this one and where it sits in the VAT return. Services only supplied to EU member states (not digital) and all to companies abroad who provide (verified) VAT numbers so 'reverse charge' and these VAT number...	Cheshire	4	932	Tue Jul 28 18:18 2015 by VinceH
	Online VAT return and reversible charges (Preview) Hello can you explain how this reverse charge works Im filling in online VAT return and still trying to figure it out A Freight forwarding company based in UK VAT registered B customer UK company VAT registered C transport company in France Customer B gives goods for Freight forwarder A Freight forw...	Markosta	4	922	Tue Jul 28 11:10 2015 by Markosta
	Reverse charge on the VAT return (Preview) Hi All Once again, I am second guessing myself on accounting for reverse charges on purchases. Would someone just clarify? Originally, based on the HMRC notes, I thought the net and the VAT appeared in box 1 (and 3), box 4, box 6 and box 7. Box 6: your total sales excluding VATEnter the total figure for...	FoxAccountancyServices	25	16328	Tue Jul 28 11:03 2015 by Markosta
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