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

Brownem · Brownem

Hello, I have a query regarding a new client I have just taken on. It appears that when advisory fuel rates had the VAT calculated for the last quarter, the journals for the VAT amounts were posted against the VAT nominal, but as T9 and so do not appear on the return (which has been reconciled). What is th...

Nikola · Nikola

Ok, we started to use instant accounts on the 1st April. Previously there was an excel cashbook in use. I have set up the nominal link from Sage Payroll to Instant accounts and have transfered across payroll from Week 52 onwards, as that is the first week in April showing on the bank statement. Also on th...

Eilef · Eilef

im just getting ready to take my BA5 ICB exam, I understand the whole apportioning of profit and intrest and current accounts. My question is tax related in regard to this. What is a partner taxed on in terms of self assessmen?

Moonraker · Moonraker

Hi All, I have a quick question about making a manual adjustment on a Sage generated VAT Return:- A journal for £123000 with a tax code of T0 was incorrectly entered onto Sage which consequently has been included in Box 7 of the VAT return (Total Value of Purchases Excluding VAT). A correcting journa...

Nikola · Nikola

When posting bank receipts for transactions where no invoice is available (Vat could be reclaimed if valid invoice) What t code to you use. Thanks

Telnkate · Telnkate

Hiya quick question about discounts allowed and VAT. So far, I have sales figures from an EPOS type thing. To get the sales figures, I have used sales excl VAT figures and keyed them into Xero as sales invoices then VAT is added. no probs. BUT I can't remember how to deal with discounts allowed at point of...

pictures · pictures

Has anyone had any problems printing copes of P11Ds this year from HMRC website. When we try to print a copy to give to the employee and for our own records various figures print over the top/don't show up eg. the emissions figure and the yes box for the question was the vehicle available for the whole ta...

Georgie · Georgie

Hi Does anyone know if an after school club (not a charity) and operates seperately from the school can claim the employers allowance? Georgie

AndrewM · AndrewM

I have just taken on a Ltd Company that has been trading for 18 months, below the VAT threshold. The directors have, in the past 3 months, set up 2 other Ltd Companies (similar names, eg, ABC Ltd, ABC (Wales) Ltd and ABC (England) Ltd ) in 2 other towns in the region. All 3 companies are high street shops t...

Georgie · Georgie

Hi I have just found out how I register a charity for PAYE (its through an on line email) but under the heading "Charity/Organisation Details" its asking for a NI number , who's NI number does anyone know? Georgie -- Edited by Georgie on Sunday 26th of April 2015 09:35:03 AM

Meadowlands · Meadowlands

Beneficial loans - am I right in thinking that if you have an interest free loan from work you pay tax on the amount of interest you would have been charged at the HMRC rate of 3.25% at present. So £20k loan you would pay tax on the £650 you should have paid in interest.Therefore your tax code would be reduce...

Vicki Newman · Vicki Newman

Hi, I have a client who is employed and self employed. In the next few weeks she will be entering her SMP period. What I was wondering is, can she work in her self employed job whilst she's claiming SMP from her employer? I know that you were able to because I actually set up my business whilst I was on the m...

Leger · Leger

I already know the answer to this but would someone humour me please by confirming it. Sales £10k Flat Rate percentage 9% VAT due £1080

Worpet · Worpet

hi im currently working for a company that is on the Standard VAT scheme, but I think it maybe better for them to go on the Cash Accounting Scheme as they send out large invoices and or cause are sojmetimes having to pay large VAT bills before being paid from their customers. They are within the 1.35 m thr...

Worpet · Worpet

Hi everyone, Ive recently took a role as an office manager. I am using SAGE 50 2010. I have come across old invoices that should have charged VAT as there is rechargeable VAT on these (4001). One of the company's want me to send a VAT only invoice listing the invoices with the missing VAT and one compan...

Zena · Zena

I have 2 part-time jobs, totalling 40 hours per week (20 hours for each employer) and my employee tax code with one employer is 1000L and with the other it is 825L. Does this mean I have a tax threshold personal allowance of £18250 per annum? If so, has the tax office made a mistake or is there a reason fo...

Chris1974 · Chris1974

Hi I look after a restaurants books and I also do their payroll. All their staff are given induction packs when they start with all of the relevant forms to be able to process their pay. Sometimes the staff will work a couple of shifts and then decide not to come back. In this instance to process them throu...

Sammy76 · Sammy76

I run payroll for a small company. The director took over the business from her Husband in Sept 2013, but due to the circumstances and trying to re-establish the business she wasn't on the payroll. As its the start of new tax year she would like to go onto the payroll (she is checking with her accountant w...

Georgie · Georgie

I have to submit an amended tax return for a client for the tax year 13/14....Bit odd though as there doesn't appear to be an option to do this on line when I log in . I thought I had until Jan 2016? Georgie

Georgie · Georgie

Hi, Does anybody know if there is a running total of how much Employers Allowance has been used so far without going back and adding up each month from last year? When I created new files for this tax year it brought over the Employers Allowance and I know one client of mine used his up months ago... Georgi...

Topic		Started By	Replies	Views	Last Post
	How to make a VAT adjustment in Sage (Preview) Hello, I have a query regarding a new client I have just taken on. It appears that when advisory fuel rates had the VAT calculated for the last quarter, the journals for the VAT amounts were posted against the VAT nominal, but as T9 and so do not appear on the return (which has been reconciled). What is th...	Brownem	2	3727	Tue May 5 16:08 2015 by Brownem
	Payrol and nominal link to Instant accounts (Preview) Ok, we started to use instant accounts on the 1st April. Previously there was an excel cashbook in use. I have set up the nominal link from Sage Payroll to Instant accounts and have transfered across payroll from Week 52 onwards, as that is the first week in April showing on the bank statement. Also on th...	Nikola	3	6059	Tue May 5 13:33 2015 by Leger
	Tax and Partnerships (Preview) im just getting ready to take my BA5 ICB exam, I understand the whole apportioning of profit and intrest and current accounts. My question is tax related in regard to this. What is a partner taxed on in terms of self assessmen?	Eilef	1	5148	Tue May 5 11:41 2015 by pictures
	VAT Return Adjustment (Preview) Hi All, I have a quick question about making a manual adjustment on a Sage generated VAT Return:- A journal for £123000 with a tax code of T0 was incorrectly entered onto Sage which consequently has been included in Box 7 of the VAT return (Total Value of Purchases Excluding VAT). A correcting journa...	Moonraker	11	1516	Fri May 1 18:20 2015 by Cheshire
	Vat T Code and no invoice (Preview) When posting bank receipts for transactions where no invoice is available (Vat could be reclaimed if valid invoice) What t code to you use. Thanks	Nikola	9	5380	Fri May 1 18:10 2015 by Cheshire
	Discounts allowed journal and VAT (Preview) Hiya quick question about discounts allowed and VAT. So far, I have sales figures from an EPOS type thing. To get the sales figures, I have used sales excl VAT figures and keyed them into Xero as sales invoices then VAT is added. no probs. BUT I can't remember how to deal with discounts allowed at point of...	Telnkate	2	796	Wed Apr 29 12:09 2015 by Telnkate
	P11D (Preview) Has anyone had any problems printing copes of P11Ds this year from HMRC website. When we try to print a copy to give to the employee and for our own records various figures print over the top/don't show up eg. the emissions figure and the yes box for the question was the vehicle available for the whole ta...	pictures	0	796	Wed Apr 29 12:07 2015 by pictures
	Employers Allowance (Preview) Hi Does anyone know if an after school club (not a charity) and operates seperately from the school can claim the employers allowance? Georgie	Georgie	1	724	Tue Apr 28 19:00 2015 by Sammy76
	Disaggregation of Entities - VAT (Preview) I have just taken on a Ltd Company that has been trading for 18 months, below the VAT threshold. The directors have, in the past 3 months, set up 2 other Ltd Companies (similar names, eg, ABC Ltd, ABC (Wales) Ltd and ABC (England) Ltd ) in 2 other towns in the region. All 3 companies are high street shops t...	AndrewM	2	1120	Tue Apr 28 10:35 2015 by leshoward
	PAYE for charity (Preview) Hi I have just found out how I register a charity for PAYE (its through an on line email) but under the heading "Charity/Organisation Details" its asking for a NI number , who's NI number does anyone know? Georgie -- Edited by Georgie on Sunday 26th of April 2015 09:35:03 AM	Georgie	2	856	Sun Apr 26 12:52 2015 by Georgie
	Beneficial Loans - BIK (Preview) Beneficial loans - am I right in thinking that if you have an interest free loan from work you pay tax on the amount of interest you would have been charged at the HMRC rate of 3.25% at present. So £20k loan you would pay tax on the £650 you should have paid in interest.Therefore your tax code would be reduce...	Meadowlands	1	1235	Sat Apr 25 17:25 2015 by JRA
	Self employed work whilst claiming SMP (Preview) Hi, I have a client who is employed and self employed. In the next few weeks she will be entering her SMP period. What I was wondering is, can she work in her self employed job whilst she's claiming SMP from her employer? I know that you were able to because I actually set up my business whilst I was on the m...	Vicki Newman	7	1815	Sat Apr 25 15:23 2015 by Stardoe
	VAT Flat Rate Scheme (Preview) I already know the answer to this but would someone humour me please by confirming it. Sales £10k Flat Rate percentage 9% VAT due £1080	Leger	11	1462	Sat Apr 25 13:17 2015 by Cheshire
	which VAT scheme?? (Preview) hi im currently working for a company that is on the Standard VAT scheme, but I think it maybe better for them to go on the Cash Accounting Scheme as they send out large invoices and or cause are sojmetimes having to pay large VAT bills before being paid from their customers. They are within the 1.35 m thr...	Worpet	2	799	Sat Apr 25 11:48 2015 by Worpet
	incorrect VAT (Preview) Hi everyone, Ive recently took a role as an office manager. I am using SAGE 50 2010. I have come across old invoices that should have charged VAT as there is rechargeable VAT on these (4001). One of the company's want me to send a VAT only invoice listing the invoices with the missing VAT and one compan...	Worpet	9	1243	Fri Apr 24 13:51 2015 by Worpet
	Employee tax code query split between 2 part time jobs (Preview) I have 2 part-time jobs, totalling 40 hours per week (20 hours for each employer) and my employee tax code with one employer is 1000L and with the other it is 825L. Does this mean I have a tax threshold personal allowance of £18250 per annum? If so, has the tax office made a mistake or is there a reason fo...	Zena	2	1147	Fri Apr 24 13:16 2015 by Cheshire
	Staff details (Preview) Hi I look after a restaurants books and I also do their payroll. All their staff are given induction packs when they start with all of the relevant forms to be able to process their pay. Sometimes the staff will work a couple of shifts and then decide not to come back. In this instance to process them throu...	Chris1974	1	943	Fri Apr 24 13:10 2015 by Cheshire
	Setting up director on Payroll (Preview) I run payroll for a small company. The director took over the business from her Husband in Sept 2013, but due to the circumstances and trying to re-establish the business she wasn't on the payroll. As its the start of new tax year she would like to go onto the payroll (she is checking with her accountant w...	Sammy76	0	820	Fri Apr 24 10:36 2015 by Sammy76
	Amended tax return (Preview) I have to submit an amended tax return for a client for the tax year 13/14....Bit odd though as there doesn't appear to be an option to do this on line when I log in . I thought I had until Jan 2016? Georgie	Georgie	3	691	Fri Apr 24 10:04 2015 by HendyPhilhendy
	Employers Allowance in Moneysoft (Preview) Hi, Does anybody know if there is a running total of how much Employers Allowance has been used so far without going back and adding up each month from last year? When I created new files for this tax year it brought over the Employers Allowance and I know one client of mine used his up months ago... Georgi...	Georgie	7	1131	Wed Apr 22 11:34 2015 by Sammy76
«First < 1 … 53 54 55 56 57 … 177 > Last» \| Page of 177 sorted by