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

111 Bookkeeping and Payroll · 111 Bookkeeping and Payroll

I have been asked to do the self assessment for a new holiday letting that was previously rented out to a tenant. The tenant caused havoc and was evicted last year, owing a large amount of rent. The owner then made the decision to turn it into a holiday letting. As far as I can see, it is now a trade for certa...

Peasie · Peasie

Employees are paid weekly and Employer has been paying HMRC every month. But they are below the (monthly) quarterly amount and want to change to quarterly. How do they go about this? How do you change the settings in Payroll Manager so it gives a total for the quarter, not every month? How do you inform H...

Count1314 · Count1314

Is there any way to de-select an item included in the quarters VAT return? For example, there is one sales invoice that is being queried and I don't want to include it in the VAT return. I could always ignore it and manually adjust both the return and next quarters return (assuming it will be included lat...

Georgie · Georgie

Hi, i have to register a company for PAYE . At the moment there will only be directors on the payroll but at some point in the near future they may employ a subcontractor who will be CIS Should I register the PAYE scheme to include CIS or should I wait until they actually start to use the services of a subcont...

StuartAnder · StuartAnder

Hi. Please could someone let me known ehat codes etc need to match with HMRC in order to make my submissions successful. I haven't tried any yet, but I want to make sure everything is ready. Ct600 return PAYE submissions Thanks Stuart

T P · T P

Hi guys, I was just wondering if share dividends need to be grossed up for the purposes of a tax return please? When calculating the tax that is due, do I include the gross amount of share dividend - for the tax band the person is currently in? Or do I leave it out? Thanks very much, Tom.

StuartAnder · StuartAnder

Hi Would anyone mind explain how tax submission software works? I've been looking at Andica and tax filer. I haven't used any yet, but thinking I should, mainly as I am hopefully going to get a new clients that is a partnership and now understand I need software in order to submit the partnership retur...

katebrown · katebrown

Morning everyone! I have a client who's just taken on a new employee. To tide the employee over, the client wants to pay him part of his salary early. Of course, this raises RTI issues, because everyone else will be paid as normal at the end of the month. I just wondered if there was a way to do this? I'm usin...

Sammy76 · Sammy76

How do I account for this on Sage? The nominal code 2211 has an outstanding amount which is the amount of credit for the employers allowance so far but how do I do the journal to get this to balance out?

Samilou67 · Samilou67

Has anyone with a payroll client that doesn't give the payroll to you on time had a penalty for late filing yet? I have to chase mine every week and it's starting to irritate but they are also a friend so it is a bit awkward. I was hoping for some sort of crackdown info on HMRC to shake them up a bit but can't see...

111 Bookkeeping and Payroll · 111 Bookkeeping and Payroll

Question a little bit misleading My client (a cafe) has recently opened up another cafe some miles away and putting fuel receipts in for travel The older cafe is literally across the street from her house so can I reasonably allow the receipts, assuming that she travels from the cafe rather than from h...

pinkdon · pinkdon

Hi, Hoping for a bit of help as I've hit a mental block trying to correct the sales figures. I noticed I had posted April's takings with May's date which was included and reconciled in the last vat return. For some reason I have then deleted this transaction and re-posted with the correct date. When r...

Austin · Austin

Hi iv'e just started using Microsoft Excel and i'm needing to find the formula for price(inclusive VAT) i just don't understand what it means. I know its basic stuff but Thanks if you can help.

KBS · KBS

Hi, One of my clients have sent me his mobile phone bill to claim as a company expense. He is VAT registered and the sole director of the company. Firstly, I'm assuming if this is his only mobile phone then we can only claim a portion as a company expense? The bill is in his name rather than the company's nam...

Princess · Princess

I am doing the tax return of a sole trader. She has no office space so meets clients in coffee shops. I realise that sole traders don't get subsistence but in a coffee shop she has to buy a drink so is this an allowable expense? It's cheaper than renting an office and she only pays for her own coffee.

Cheshire · Cheshire

Hi Have a customer with VAT cash accounting. Payment made to supplier for rent/it services etc (serviced offices so loads on invoice!) - didnt have the invoice but marked invoice as VAT included as the suppliers do charge VAT. VAT return completed and reconciled. Several months on and finally got t...

111 Bookkeeping and Payroll · 111 Bookkeeping and Payroll

I am inputting some accounts onto a CT600 and I'm struggling. I've done the p&l -27114 Ive done the balance sheet -32635 The capital and reserves show called up share capital £1 and profit and loss -27114 giving me -27113 This then gives the following error X ERROR:The balance sheet does not tally...

Meadowlands · Meadowlands

hi I have a new client and need to do their payroll but don't have all the info. The basic info is they started payroll 1/4/14, the previous bookkeeper left in August so I need to do the September payroll -I know its late. The only info I have is the last payslip for the 1 employee and the figures online fr...

NinaKoni · NinaKoni

Hi all, I need to ask HMRC for new tax code for director of a LTD. How can I do it?I am using 12pay software. I filed nil EPS last month and this month I have to change the Tax code. Any help much appreciated. Thanks!

Sagenewbie · Sagenewbie

Hi, this is probably simple, and I having circular arguments with myself! I've been asked to invoice a customer say the amount is £10500 plus VAT. The customer had previously paid a deposit of £5000, plus VAT. So they paid £6000. My manager wants to invoice but minus 50% of the deposit - he says this i...

Topic		Started By	Replies	Views	Last Post
	Holiday let (Preview) I have been asked to do the self assessment for a new holiday letting that was previously rented out to a tenant. The tenant caused havoc and was evicted last year, owing a large amount of rent. The owner then made the decision to turn it into a holiday letting. As far as I can see, it is now a trade for certa...	111 Bookkeeping and Payroll	0	537	Wed Oct 22 18:22 2014 by 111 Bookkeeping and Payroll
	Moneysoft Payroll Manager - changing from monthly to quarterly payments to HMRC (Preview) Employees are paid weekly and Employer has been paying HMRC every month. But they are below the (monthly) quarterly amount and want to change to quarterly. How do they go about this? How do you change the settings in Payroll Manager so it gives a total for the quarter, not every month? How do you inform H...	Peasie	3	5631	Tue Oct 21 18:39 2014 by Peasie
	Sage VAT Return query - de-select? (Preview) Is there any way to de-select an item included in the quarters VAT return? For example, there is one sales invoice that is being queried and I don't want to include it in the VAT return. I could always ignore it and manually adjust both the return and next quarters return (assuming it will be included lat...	Count1314	7	931	Mon Oct 20 13:35 2014 by VinceH
	PAYE & CIS (Preview) Hi, i have to register a company for PAYE . At the moment there will only be directors on the payroll but at some point in the near future they may employ a subcontractor who will be CIS Should I register the PAYE scheme to include CIS or should I wait until they actually start to use the services of a subcont...	Georgie	9	1000	Sun Oct 19 11:13 2014 by Sharon Eyre
	matching codes and references? (Preview) Hi. Please could someone let me known ehat codes etc need to match with HMRC in order to make my submissions successful. I haven't tried any yet, but I want to make sure everything is ready. Ct600 return PAYE submissions Thanks Stuart	StuartAnder	3	607	Sat Oct 18 18:28 2014 by Cheshire
	Share dividends! (Preview) Hi guys, I was just wondering if share dividends need to be grossed up for the purposes of a tax return please? When calculating the tax that is due, do I include the gross amount of share dividend - for the tax band the person is currently in? Or do I leave it out? Thanks very much, Tom.	T P	7	2494	Sat Oct 18 12:38 2014 by Cheshire
	tax submission software (Preview) Hi Would anyone mind explain how tax submission software works? I've been looking at Andica and tax filer. I haven't used any yet, but thinking I should, mainly as I am hopefully going to get a new clients that is a partnership and now understand I need software in order to submit the partnership retur...	StuartAnder	11	1295	Fri Oct 17 21:29 2014 by MarkS
	Early salary payment (Preview) Morning everyone! I have a client who's just taken on a new employee. To tide the employee over, the client wants to pay him part of his salary early. Of course, this raises RTI issues, because everyone else will be paid as normal at the end of the month. I just wondered if there was a way to do this? I'm usin...	katebrown	12	950	Fri Oct 17 14:05 2014 by Cheshire
	Employers allowance (Preview) How do I account for this on Sage? The nominal code 2211 has an outstanding amount which is the amount of credit for the employers allowance so far but how do I do the journal to get this to balance out?	Sammy76	2	736	Fri Oct 17 11:36 2014 by Sammy76
	RTI late penalties (Preview) Has anyone with a payroll client that doesn't give the payroll to you on time had a penalty for late filing yet? I have to chase mine every week and it's starting to irritate but they are also a friend so it is a bit awkward. I was hoping for some sort of crackdown info on HMRC to shake them up a bit but can't see...	Samilou67	4	772	Thu Oct 16 08:32 2014 by richard2013
	calculating mileage - from work or from home? (Preview) Question a little bit misleading My client (a cafe) has recently opened up another cafe some miles away and putting fuel receipts in for travel The older cafe is literally across the street from her house so can I reasonably allow the receipts, assuming that she travels from the cafe rather than from h...	111 Bookkeeping and Payroll	2	598	Wed Oct 15 23:55 2014 by 111 Bookkeeping and Payroll
	Correcting VAT Return in Sage Instant (Preview) Hi, Hoping for a bit of help as I've hit a mental block trying to correct the sales figures. I noticed I had posted April's takings with May's date which was included and reconciled in the last vat return. For some reason I have then deleted this transaction and re-posted with the correct date. When r...	pinkdon	3	1186	Wed Oct 15 14:31 2014 by FoxAccountancyServices
	Microsoft Excell Problems (Preview) Hi iv'e just started using Microsoft Excel and i'm needing to find the formula for price(inclusive VAT) i just don't understand what it means. I know its basic stuff but Thanks if you can help.	Austin	2	638	Wed Oct 15 13:25 2014 by abacus12345
	VAT and phone bills (Preview) Hi, One of my clients have sent me his mobile phone bill to claim as a company expense. He is VAT registered and the sole director of the company. Firstly, I'm assuming if this is his only mobile phone then we can only claim a portion as a company expense? The bill is in his name rather than the company's nam...	KBS	1	688	Tue Oct 14 16:45 2014 by leshoward
	meetings in coffee shops (Preview) I am doing the tax return of a sole trader. She has no office space so meets clients in coffee shops. I realise that sole traders don't get subsistence but in a coffee shop she has to buy a drink so is this an allowable expense? It's cheaper than renting an office and she only pays for her own coffee.	Princess	17	1619	Tue Oct 14 12:15 2014 by Shamus
	Cash accounting - wrong purchase tax/how to correct (Preview) Hi Have a customer with VAT cash accounting. Payment made to supplier for rent/it services etc (serviced offices so loads on invoice!) - didnt have the invoice but marked invoice as VAT included as the suppliers do charge VAT. VAT return completed and reconciled. Several months on and finally got t...	Cheshire	5	1177	Thu Oct 9 20:09 2014 by Sharon Eyre
	Sage Balance Sheet and CT600 (Preview) I am inputting some accounts onto a CT600 and I'm struggling. I've done the p&l -27114 Ive done the balance sheet -32635 The capital and reserves show called up share capital £1 and profit and loss -27114 giving me -27113 This then gives the following error X ERROR:The balance sheet does not tally...	111 Bookkeeping and Payroll	3	1408	Thu Oct 9 18:28 2014 by bro0010
	Mid year start without previous info (Preview) hi I have a new client and need to do their payroll but don't have all the info. The basic info is they started payroll 1/4/14, the previous bookkeeper left in August so I need to do the September payroll -I know its late. The only info I have is the last payslip for the 1 employee and the figures online fr...	Meadowlands	3	929	Thu Oct 9 13:49 2014 by Meadowlands
	Wrong Tax Code (Preview) Hi all, I need to ask HMRC for new tax code for director of a LTD. How can I do it?I am using 12pay software. I filed nil EPS last month and this month I have to change the Tax code. Any help much appreciated. Thanks!	NinaKoni	4	883	Tue Oct 7 14:29 2014 by NinaKoni
	simple VAT query (Preview) Hi, this is probably simple, and I having circular arguments with myself! I've been asked to invoice a customer say the amount is £10500 plus VAT. The customer had previously paid a deposit of £5000, plus VAT. So they paid £6000. My manager wants to invoice but minus 50% of the deposit - he says this i...	Sagenewbie	1	1036	Sun Oct 5 19:16 2014 by Cheshire
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