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

Samilou67 · Samilou67

I have a client with an employee who is 62 and is insisting she doesn't have to pay NI on her wages but from what I can tell from the HMRC website she should still be paying it. She earned £700 last month. Is this right? Sam

Samilou67 · Samilou67

Hi please can you advise me on the procedure for tax rebates with RTI? My client has an employee who was on emergency tax due to a pension she was receiving so she was paying quite a lot of tax a month. I wrote to HMRC and requested a new tax code and after running the payroll yesterday she is showing a tax ref...

kizzyfur22 · kizzyfur22

Hi all, I need a bit of help please with the interest journals for a HP agreement. A client bought an asset for £236779.79 on HP + VAT £47355.96 = total to pay £284135.75 I know that I need to Dr Fixed Assets £236779.79, Dr Purchase tax control a/c £47355.96 and Cr HP Creditor a/c with £284135.75 Then the mo...

BD · BD

Hi all I am Head of Finance with an IT reseller. We have a client who is purchasing a number of iPhones (Value of order is above £5k). We have their PO and this includes VAT. We have purchased the goods from a regular supplier and their invoice excludes VAT with the narrative "Customer to pay outp...

Aldoffski · Aldoffski

I have just sold part of my catering business as a going concern. The business was a mix of 70% catering (standard rated) and hot standard rated items as well as about 30% cold take-away (zero rated). I paid VAT on my agent and solicitors fees which were fairly substantial. How much of this VAT am I allowe...

lstegemiller · lstegemiller

Having worked with thousands of accountants and bookkeepers over the past few years, I have learned that during tax season normal working hours goes out the window, 90% of annual work for clients happens in a two month period, and the pressure on support staff is at an exorbitant level.There are of co...

Elaine R · Elaine R

Hi, Have a new client who has sent me his Student Loan statement. On self-assessment it says if deductions have been made by employer to put amount in box. On P45 there are no amounts showing which means no deductions have been made. I have ticked the box on Andica Self-assessment to say he has Studen...

Georgie · Georgie

Hi , How easy is it to change a sub contractor to fortnightly pay dates if they have been verified as monthly? And what is it I need to do? Georgie

tonyleeming · tonyleeming

Hi, Probably a really quick question. I have been looking at the payroll aspect and a lot of the independant bureau's that I have seen are approved by BACS, so I was wondering if there was an alternative to this? or actually how do some people manage the payroll aspects? Thanks, Tony

NinaKoni · NinaKoni

Hi all, I have a director who is paying 2x£5000. On the first payslip there is not tax and NI. I don't understand why there is £165 tax due on the second one as his wage is under £10000 limit. The code is 1000L and I use 12Pay. Any help much appreciated. Regards, Nina

tonys · tonys

Hi I have a VAT reg Limited Co who have made one small sale 2,000 to Poland. I understand the Intrastat/ EU sales list rules but I am not 100% sure if we need to register for VAT in Poland as there appears to be conflicting advice on web searches. This was my understanding: Non-Polish Entities Non-Poli...

Lyndsey · Lyndsey

Hi I have a quandary... my client is trying to look at the best way to go forward claiming for his fuel allowance. Normally it works out better to claim the 45p per mile, however, he is a car dealer and has a Motor Trade Policy to cover his vehicles in his possession for trade. But a side benefit for many of th...

Meadowlands · Meadowlands

Afternoon I have been asked by a client for some advice. She is considering giving 2 days work to a friend who recently moved to France. She has an NI number but as far as I am aware is not reg as Self Employed. What my client wants to know is how she would pay her. Should she put her on payroll or get her frie...

Cheshire · Cheshire

Hi all Ive been asked by someone (and honestly it isnt me!) if I know of any free payroll courses or if HMRC still do anything? My understanding is that HMRC no longer do their courses, although they do free webinars. Can anyone confirm. Also - if you know of any free courses elsewhere can you let me know,...

Haymac · Haymac

Hi All, I have been passed a client who has been trading since January 2012, is registered as self employed but has not submitted any SA (penalties are piling up as we speak). The SA I can sort out no problem, my query is that he reached his VAT threshold of 77k for year 12/13 in January 2013 but ha...

NinaKoni · NinaKoni

Hy all! I have a client who wants to backdate his paid salaries and the company is not registered yet for PAYE. Is it possible to be registered now with a first pay date 5 months ago? If yes are there going to penalties for late submission as these will be the first for this company? The client wants to pay hi...

Sophb · Sophb

Can anybody give me some general advice on setting up employees' pension contributions for payroll. I am setting up contributions for the first time and want to check the tax and NI implications before I go any further. Are pension contributions subject to tax and NI and is there a difference betwe...

Elaine R · Elaine R

Hi, Just taken on a new client who is a mobile hairdresser. She has been self-employed for the last 3 tax years and never completed a self-assessment. She now has penalties and is paying them weekly. I have submitted the online return and will be doing the paper ones this evening for the previous year...

111 Bookkeeping and Payroll · 111 Bookkeeping and Payroll

Hi All, now that all the tax returns are done it's back to the real work Was filing my last one on Saturday, including doing the bookkeeping for it, and the lad concerned had put quite a few coffee receipts in, which I rejected. The reason I rejected them is because they were all bought at the train stati...

Lyndsey · Lyndsey

Hi Just wondering how every else deals with clients who include in their receipts pile ones obviously for pub lunches etc. I am pretty sure that this is not an allowable expense! There seems to be one a month or so. Thanks Lyndsey

Topic		Started By	Replies	Views	Last Post
	NI category (Preview) I have a client with an employee who is 62 and is insisting she doesn't have to pay NI on her wages but from what I can tell from the HMRC website she should still be paying it. She earned £700 last month. Is this right? Sam	Samilou67	7	1519	Fri Mar 6 11:50 2015 by Samilou67
	Payroll assistance (Preview) Hi please can you advise me on the procedure for tax rebates with RTI? My client has an employee who was on emergency tax due to a pension she was receiving so she was paying quite a lot of tax a month. I wrote to HMRC and requested a new tax code and after running the payroll yesterday she is showing a tax ref...	Samilou67	2	759	Wed Mar 4 14:28 2015 by Samilou67
	HP Interest Journal Help (Preview) Hi all, I need a bit of help please with the interest journals for a HP agreement. A client bought an asset for £236779.79 on HP + VAT £47355.96 = total to pay £284135.75 I know that I need to Dr Fixed Assets £236779.79, Dr Purchase tax control a/c £47355.96 and Cr HP Creditor a/c with £284135.75 Then the mo...	kizzyfur22	1	727	Wed Mar 4 14:20 2015 by YLB-HO
	Reverse VAT charge on iPhones (Preview) Hi all I am Head of Finance with an IT reseller. We have a client who is purchasing a number of iPhones (Value of order is above £5k). We have their PO and this includes VAT. We have purchased the goods from a regular supplier and their invoice excludes VAT with the narrative "Customer to pay outp...	BD	2	701	Wed Mar 4 13:13 2015 by YLB-HO
	VAT to claim post selling business-going concern (Preview) I have just sold part of my catering business as a going concern. The business was a mix of 70% catering (standard rated) and hot standard rated items as well as about 30% cold take-away (zero rated). I paid VAT on my agent and solicitors fees which were fairly substantial. How much of this VAT am I allowe...	Aldoffski	3	953	Tue Mar 3 19:47 2015 by leshoward
	How to Stay Mentally and Physically Healthy During Tax Season Taxes Health Qbox (Preview) Having worked with thousands of accountants and bookkeepers over the past few years, I have learned that during tax season normal working hours goes out the window, 90% of annual work for clients happens in a two month period, and the pressure on support staff is at an exorbitant level.There are of co...	lstegemiller	2	3899	Tue Mar 3 01:06 2015 by lstegemiller
	Student Loan repayment (Preview) Hi, Have a new client who has sent me his Student Loan statement. On self-assessment it says if deductions have been made by employer to put amount in box. On P45 there are no amounts showing which means no deductions have been made. I have ticked the box on Andica Self-assessment to say he has Studen...	Elaine R	2	932	Mon Mar 2 18:46 2015 by Jay
	Subcontractor pay dates (Preview) Hi , How easy is it to change a sub contractor to fortnightly pay dates if they have been verified as monthly? And what is it I need to do? Georgie	Georgie	6	1036	Fri Feb 27 18:26 2015 by Cheshire
	Is there an alternative to BACS (Preview) Hi, Probably a really quick question. I have been looking at the payroll aspect and a lot of the independant bureau's that I have seen are approved by BACS, so I was wondering if there was an alternative to this? or actually how do some people manage the payroll aspects? Thanks, Tony	tonyleeming	3	1227	Fri Feb 27 14:11 2015 by Cheshire
	Tax Code 1000L (Preview) Hi all, I have a director who is paying 2x£5000. On the first payslip there is not tax and NI. I don't understand why there is £165 tax due on the second one as his wage is under £10000 limit. The code is 1000L and I use 12Pay. Any help much appreciated. Regards, Nina	NinaKoni	3	1352	Thu Feb 26 12:38 2015 by Don Tax
	VAT registration in Poland (Preview) Hi I have a VAT reg Limited Co who have made one small sale 2,000 to Poland. I understand the Intrastat/ EU sales list rules but I am not 100% sure if we need to register for VAT in Poland as there appears to be conflicting advice on web searches. This was my understanding: Non-Polish Entities Non-Poli...	tonys	2	819	Wed Feb 25 13:03 2015 by tonys
	Mileage Allowance and Motor Trade Insurance (Preview) Hi I have a quandary... my client is trying to look at the best way to go forward claiming for his fuel allowance. Normally it works out better to claim the 45p per mile, however, he is a car dealer and has a Motor Trade Policy to cover his vehicles in his possession for trade. But a side benefit for many of th...	Lyndsey	0	838	Tue Feb 24 21:17 2015 by Lyndsey
	living in France possibly working in UK (Preview) Afternoon I have been asked by a client for some advice. She is considering giving 2 days work to a friend who recently moved to France. She has an NI number but as far as I am aware is not reg as Self Employed. What my client wants to know is how she would pay her. Should she put her on payroll or get her frie...	Meadowlands	0	781	Mon Feb 23 15:00 2015 by Meadowlands
	Payroll courses (Preview) Hi all Ive been asked by someone (and honestly it isnt me!) if I know of any free payroll courses or if HMRC still do anything? My understanding is that HMRC no longer do their courses, although they do free webinars. Can anyone confirm. Also - if you know of any free courses elsewhere can you let me know,...	Cheshire	6	2031	Sun Feb 22 16:29 2015 by Don Tax
	Late registration for VAT (Preview) Hi All, I have been passed a client who has been trading since January 2012, is registered as self employed but has not submitted any SA (penalties are piling up as we speak). The SA I can sort out no problem, my query is that he reached his VAT threshold of 77k for year 12/13 in January 2013 but ha...	Haymac	16	4698	Fri Feb 20 10:43 2015 by 111 Bookkeeping and Payroll
	PAYE scheme registration (Preview) Hy all! I have a client who wants to backdate his paid salaries and the company is not registered yet for PAYE. Is it possible to be registered now with a first pay date 5 months ago? If yes are there going to penalties for late submission as these will be the first for this company? The client wants to pay hi...	NinaKoni	3	806	Thu Feb 19 19:10 2015 by Helz
	Pensions (Preview) Can anybody give me some general advice on setting up employees' pension contributions for payroll. I am setting up contributions for the first time and want to check the tax and NI implications before I go any further. Are pension contributions subject to tax and NI and is there a difference betwe...	Sophb	0	498	Thu Feb 19 13:40 2015 by Sophb
	HMRC late filing penalties (Preview) Hi, Just taken on a new client who is a mobile hairdresser. She has been self-employed for the last 3 tax years and never completed a self-assessment. She now has penalties and is paying them weekly. I have submitted the online return and will be doing the paper ones this evening for the previous year...	Elaine R	8	1776	Sun Feb 15 11:19 2015 by Cheshire
	Subsistence (Preview) Hi All, now that all the tax returns are done it's back to the real work Was filing my last one on Saturday, including doing the bookkeeping for it, and the lad concerned had put quite a few coffee receipts in, which I rejected. The reason I rejected them is because they were all bought at the train stati...	111 Bookkeeping and Payroll	5	1298	Fri Feb 13 10:42 2015 by FoxAccountancyServices
	Tax Return clients including "pub" receipts? (Preview) Hi Just wondering how every else deals with clients who include in their receipts pile ones obviously for pub lunches etc. I am pretty sure that this is not an allowable expense! There seems to be one a month or so. Thanks Lyndsey	Lyndsey	3	829	Thu Feb 12 22:44 2015 by Cheshire
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