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

Jay · Jay

Good morning. I logged on to the HMRC online services to check some clients pension details this morning and there was a small window saying "Did I wish to speak to an adviser" It did state Beta however. Has anyone else seen this or perhaps used it? I just wondered the scope of the advice th...

Markosta · Markosta

Hello can you help me please Im filling VAT return online which of the boxes i should use 8 or-9 for transport costs to other EC member company Some goods been delivered to UK some to other EC countries some outside EU i don't sale goods just arrange transport and payed to other EC member state company ...

Leger · Leger

Some accounts I've just completed have a small overdrawn DLA, (purchases made through the Company that I disallowed) and also £100 worth of unpaid shares, so altogether circa £250. There is enough profit to cover this so how do I clear the DLA account? (VT Transaction) No dividends have been taken a...

Princess · Princess

I have a client where the husband and wife are directors of a Ltd Company. They are the only employees. They have been out for a few meals locally and have said it is a working lunch. Is this allowable for VAT and/or tax? I'm sure I read somewhere that although employees can be entertained that if the c...

GillyP · GillyP

Hi all, I am hoping someone can help! I have a client who is currently self-employed, and has been for 4 years. I registered him for VAT a couple of months ago, so am close to submitting his first VAT return. He bought a van in the last year, so I plan to reclaim the VAT on the van for him, plus other materia...

Count1314 · Count1314

So for companies that incorporate on dates that are not convenienetly on the 1st if the month.....and maybe even if they are?......there are two tax returns to be filed along with one set of accounts. If the two periods are for example 23 October 2013 to 22 October 2014 and also 23 October 2014 to 31 Octo...

Princess · Princess

One of my clients split up from her partner. He now lives in the flat she used to rent out. He pays her a sum of money every month to cover rent and child maintenance although they have never agreed what proportion is rent and what is child maintenance. Are there any rules about how much it should be ie ma...

Silly Digits · Silly Digits

Just needing some help, a client has sold some goods to EU, no VAT has been charged as have the VAT number from the customer etc. client has quoted the reverse charge. What are the entries I need to make on the VAT return. The goods that were sold were purchased from a UK supplier and VAT has been reclaim...

Count1314 · Count1314

Seeing that Hire purchase and lease purchase transactions are excluded from Cash basis, is there any way of entering transactions in Sage in order that the return is correct? Or, is is just a matter of manually adjusting the VAT returns - i.e., Adding in all the VAT for the first return and subtractin...

Markosta · Markosta

Hi everyone. I am just filling in my first VAT return online, but was wondering if someone could give me an example of how to do it correctly. Could anyone in-the-know please put the amounts next to each of the following 9 questio...

Cheshire · Cheshire

Hi all Ive just received a letter from an Irish company requesting a tax clearance letter. My client is a limited company who has done a lot of work for this Irish company in the past but now they are insisting on having this letter. Given the Irish company and HMRC are closed - just thought I would post o...

LBOOKS · LBOOKS

Hi I am trying to submit my first Flat Rate VAT return. My client became registered 08/08/14 but started his company 31/05/14. QuickBooks is using all invoices for this return even though I have input the VAT start date in the Company preferences. I am not sure how to adjust the return to make it corre...

Bucks Bodger · Bucks Bodger

I have been approached by a new client and need to work out what to do in his particular situation and would be grateful for some advice. It's a Ltd Co., incorporated on 02.12.2013, but is only going to start trading this week. There have though been some pre-trading expenses. Companies House is showi...

Georgie · Georgie

Hi, On the HMRC website it states you can not apply for the flat rate vat scheme if you have committed a vat offence (vat evasion) in the last 12 months. Does this apply if the client owes vat to HMRC or has been consistently late paying? Georgie

Vicki Newman · Vicki Newman

Hello, I am having a nightmare trying to get the retained profit section on the CT600 to balance with what is on the balance sheet. Basically even though the figures all look correct and appear to be balancing from my calculation, I still keep getting an error message saying: ''X ERROR:The retained p...

DMM · DMM

I hope someone can answer this question for me, my own accountant cannot. If two employees/directors are issues jointly with a company car, how would the £20k P11d value be declared? Would each employee have £10k added to their p11D or would one have to take the whole £20K? It is a small Ltd Co with two em...

Leger · Leger

Are there any hard and fast rules on what constitutes itinerant travel and what doesn't? I understand that in the case of, say a self employed hairdresser who works from a salon, that her expenses between home and salon would not be allowable, but if she was a mobile hairdresser working from home, she...

lizg78 · lizg78

Hi, just had a phone call from a client who has asked for some advice re his daughters tax situation. She started working on cruise ships in January and is paid in US dollars and is effectively self employed. She will be working approximately 8 months on the ship in any one year, and spending the remain...

VeryWorried · VeryWorried

Good afternoon everyone.Firstly, let me apologise for the following message, it shows a distressing level of ineptitude!We took on our first employee back in June last year.Have been using basic paye tools to work his payroll and calculate what is due to HMRC.I have now realised I wasn't sending th...

numbnumber · numbnumber

Just got a new employee and they want their salary paid into their partners bank account. Is this legal?

Topic		Started By	Replies	Views	Last Post
	HMRC On line adviser (Preview) Good morning. I logged on to the HMRC online services to check some clients pension details this morning and there was a small window saying "Did I wish to speak to an adviser" It did state Beta however. Has anyone else seen this or perhaps used it? I just wondered the scope of the advice th...	Jay	1	1151	Mon Jul 27 18:30 2015 by Cheshire
	VAT return cost to other EC (Preview) Hello can you help me please Im filling VAT return online which of the boxes i should use 8 or-9 for transport costs to other EC member company Some goods been delivered to UK some to other EC countries some outside EU i don't sale goods just arrange transport and payed to other EC member state company ...	Markosta	0	1056	Mon Jul 27 12:57 2015 by Markosta
	Overdrawn DLA (Preview) Some accounts I've just completed have a small overdrawn DLA, (purchases made through the Company that I disallowed) and also £100 worth of unpaid shares, so altogether circa £250. There is enough profit to cover this so how do I clear the DLA account? (VT Transaction) No dividends have been taken a...	Leger	7	2383	Sat Jul 25 21:43 2015 by Leger
	meals out by directors (Preview) I have a client where the husband and wife are directors of a Ltd Company. They are the only employees. They have been out for a few meals locally and have said it is a working lunch. Is this allowable for VAT and/or tax? I'm sure I read somewhere that although employees can be entertained that if the c...	Princess	10	1902	Fri Jul 24 16:40 2015 by Cheshire
	VAT reclaim and Annual Investment Allowance (Preview) Hi all, I am hoping someone can help! I have a client who is currently self-employed, and has been for 4 years. I registered him for VAT a couple of months ago, so am close to submitting his first VAT return. He bought a van in the last year, so I plan to reclaim the VAT on the van for him, plus other materia...	GillyP	1	909	Thu Jul 23 15:01 2015 by leshoward
	Apportioning figures on tax return (Preview) So for companies that incorporate on dates that are not convenienetly on the 1st if the month.....and maybe even if they are?......there are two tax returns to be filed along with one set of accounts. If the two periods are for example 23 October 2013 to 22 October 2014 and also 23 October 2014 to 31 Octo...	Count1314	1	1217	Wed Jul 22 22:51 2015 by MarkS
	How much rent to include on tax return (Preview) One of my clients split up from her partner. He now lives in the flat she used to rent out. He pays her a sum of money every month to cover rent and child maintenance although they have never agreed what proportion is rent and what is child maintenance. Are there any rules about how much it should be ie ma...	Princess	3	1313	Wed Jul 22 12:20 2015 by Shamus
	VAT reverse charge (Preview) Just needing some help, a client has sold some goods to EU, no VAT has been charged as have the VAT number from the customer etc. client has quoted the reverse charge. What are the entries I need to make on the VAT return. The goods that were sold were purchased from a UK supplier and VAT has been reclaim...	Silly Digits	1	1269	Tue Jul 21 12:02 2015 by VinceH
	VAT - Cash accounting - Exclusions (Preview) Seeing that Hire purchase and lease purchase transactions are excluded from Cash basis, is there any way of entering transactions in Sage in order that the return is correct? Or, is is just a matter of manually adjusting the VAT returns - i.e., Adding in all the VAT for the first return and subtractin...	Count1314	2	1545	Mon Jul 20 08:59 2015 by Count1314
	How to correctly fill in a VAT return (Preview) Hi everyone. I am just filling in my first VAT return online, but was wondering if someone could give me an example of how to do it correctly. Could anyone in-the-know please put the amounts next to each of the following 9 questio...	Markosta	2	6578	Sun Jul 19 20:53 2015 by Markosta
	Tax clearance letter (Preview) Hi all Ive just received a letter from an Irish company requesting a tax clearance letter. My client is a limited company who has done a lot of work for this Irish company in the past but now they are insisting on having this letter. Given the Irish company and HMRC are closed - just thought I would post o...	Cheshire	7	1555	Thu Jul 16 17:23 2015 by Cheshire
	FLAT RATE VAT - 1ST RETURN USING QUICKBOOKS (Preview) Hi I am trying to submit my first Flat Rate VAT return. My client became registered 08/08/14 but started his company 31/05/14. QuickBooks is using all invoices for this return even though I have input the VAT start date in the Company preferences. I am not sure how to adjust the return to make it corre...	LBOOKS	9	1411	Wed Jul 15 17:44 2015 by LBOOKS
	New Company - first year options ? (Preview) I have been approached by a new client and need to work out what to do in his particular situation and would be grateful for some advice. It's a Ltd Co., incorporated on 02.12.2013, but is only going to start trading this week. There have though been some pre-trading expenses. Companies House is showi...	Bucks Bodger	3	916	Wed Jul 15 16:41 2015 by Cheshire
	Flat rate Vat (Preview) Hi, On the HMRC website it states you can not apply for the flat rate vat scheme if you have committed a vat offence (vat evasion) in the last 12 months. Does this apply if the client owes vat to HMRC or has been consistently late paying? Georgie	Georgie	25	5804	Mon Jul 13 20:48 2015 by Georgie
	HMRC liability (Preview) Hello, I am having a nightmare trying to get the retained profit section on the CT600 to balance with what is on the balance sheet. Basically even though the figures all look correct and appear to be balancing from my calculation, I still keep getting an error message saying: ''X ERROR:The retained p...	Vicki Newman	1	804	Mon Jul 13 18:48 2015 by Vicki Newman
	Company Care shared between two employees How to account on P11D (Preview) I hope someone can answer this question for me, my own accountant cannot. If two employees/directors are issues jointly with a company car, how would the £20k P11d value be declared? Would each employee have £10k added to their p11D or would one have to take the whole £20K? It is a small Ltd Co with two em...	DMM	6	1655	Mon Jul 13 18:05 2015 by Helz
	Itinerant travel for the self employed (Preview) Are there any hard and fast rules on what constitutes itinerant travel and what doesn't? I understand that in the case of, say a self employed hairdresser who works from a salon, that her expenses between home and salon would not be allowable, but if she was a mobile hairdresser working from home, she...	Leger	3	1515	Mon Jul 13 11:04 2015 by pictures
	working on cruise ships (Preview) Hi, just had a phone call from a client who has asked for some advice re his daughters tax situation. She started working on cruise ships in January and is paid in US dollars and is effectively self employed. She will be working approximately 8 months on the ship in any one year, and spending the remain...	lizg78	5	5547	Mon Jul 13 10:57 2015 by pictures
	Help! MAde a huge mistake! (Preview) Good afternoon everyone.Firstly, let me apologise for the following message, it shows a distressing level of ineptitude!We took on our first employee back in June last year.Have been using basic paye tools to work his payroll and calculate what is due to HMRC.I have now realised I wasn't sending th...	VeryWorried	11	1268	Sun Jul 12 12:19 2015 by Leger
	Paying employee's salary to someone else (Preview) Just got a new employee and they want their salary paid into their partners bank account. Is this legal?	numbnumber	3	4297	Fri Jul 10 11:32 2015 by numbnumber
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