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

KBS · KBS

I have just downloaded 12pay and am about to submit my first months payroll on there for one of my clients. I have taken a payroll course previously but am enrolling to do it again as I did it along time ago and cannot remember much! Anyway, one of my clients has asked me to process their payroll from now on (...

Rhianrach · Rhianrach

Normally when I make a VAT adjustment in sage, say for fuel scale charges, I make the adjustment within the vat return which then posts a journal to vat adjustments and the control account. Now I need to reclaim some vat from a bad debt. Am I better doing a manual journal (credit bad debt debit purchase va...

Diona · Diona

Dear Bookkeepers, Your opinion on this will be so much appreciated. How should we account for Employer NI Allowance? Dt PAYE due / Ct Employer NI or Dt PAYE due / Ct Other Revenue - HMRC Allowance Many thanks Diona

Peasie · Peasie

I started submitting FPS for a new client - they've only just started up. Did another FPS on Tuesday (with more new employees) - by the Wednesday they had sent out a new tax code for one of the employees (one with two jobs) and sent out a national insurance number today (Thursday) for one employee that had...

victoriaK · victoriaK

Hi all I was wondering if anyone can shed a little light on Machine Games Duty. So I have a receipt here. It has for example; Total cash in box 420.20 Total Net take 420.20 MGD on Net take @ 20% 84.04 Balance A 336.16 Balance B 336.16 Suppliers front money 7.00 Balance C 329.16 Site Owners Share 37% 121.79...

Dinky · Dinky

Okay everyone, be completely honest now. How many of you that have to do them, don't mind P11Ds? Even with dispensations for all the routine stuff and with very few entries to make just for the directors, I still hate them with a passion. Just about to press the send button on mine so all over for anoth...

choccly-pops · choccly-pops

HI everyone, I am hoping someone can help me. I have just taken on the payroll for a pre school, and they have an employee on zero hours contract. Their holiday pay is calculated over the 12 months and is paid within their salary each month, as they only have holiday during the school holidays. However,...

Pennant · Pennant

I wonder if anyone could be good enough to clarify this for me: When a business Imports good from outside the EU and are delivered directly to the business address, at what point and how does the business pay the VAT due to HMRC 'at the port' get paid? Thanks

sage123 · sage123

Hi All, I want to know how a language tutor can be self employed with the HMRC in the UK. I have a friend who is from Italy who is now gonna offer Italian lessons. He will be earning around 5k in about 3 or 4 months, so is well beyond the nic threshold of £5885. How the initial set up is to be done? I have advised h...

xantia743 · xantia743

One of my clients. who is a cafe owner (one shop), has recently secured a contract to operate 3 work canteens. The combined turnover will easily take her above the VAT threshold. For tax purposes I have suggested she sets up a Ltd Company. My question is related to VAT. Does the turnover start afres...

Meadowlands · Meadowlands

Hi I am setting up a new client on Moneysoft ready to do 1st pay run tomorrow. It is a Dir of Ltd company but this will be the first time they have paid themselves. So do I input them as starting during this tax year, or before? I have a P45 but it is dated Dec 13 so if the start date is this tax year then it's no...

f n s · f n s

Hi can someone please help.This question is to just double check. If I am given a purchase invoice relating to a earlier purchase quater in a later quater can I include it in the current quater? I think yes.which I do. How far back can I go.is there a limit? I am given invoices from March 2013 this year.ca...

Peasie · Peasie

A community football club (Ltd Co) has an artificial pitch (3G) which will need renewing at some point in the future as it only has a limited lifespan. So they need to put money aside each year to cover the cost of this in say ten years time. What are the corporation tax implications? The money hasn't been...

JacF · JacF

Newly registered employer taken on first employee and will be paying weekly with a week in hand. Using Moneysoft Payroll Manager I have input start date for employee as 16 June, however first pay date is 27 June after working first week in hand, so I think the first RTI submission will be on or before 27...

Bazmia · Bazmia

Hello, I am currently working my way through AAT and i'm getting asked about doing sub contractor / sole trader self assessments. I'd like to start doing them but don't know if I need extra qualications to do it. I've done my own and helped my neighboor to do his without a problem. Thanks in advance for an...

rachael-pink · rachael-pink

Hi I've posted the FPS for 2013-14 but have just found an outstanding timesheet from this year even though I've closed it off. The company has 5 employees and this timesheet is for a month for £500. What should I do, will the company get fined? Thanks

Dinky · Dinky

Due to massive downsizing where I am currently working, I want to change from our current payroll software which comes with extensive costs for support and licences etc to a cloud based system that will handle 2 separate companies, with a probable maximum of 10 employees each in the long term. I have b...

Diona · Diona

Hello clever bookkeepers, What is period after which every liability to HMRC can expire? Thanks a lot! Diona

Stevie2929 · Stevie2929

Hi I have a client who was previously self employed, but ceased trading on 04.12.2012. This date of cessation was included in the last return I completed for him for 2012/13. He has since been employed by the company, but has recently received a SA100 for 2013/14. He has no other income. Q. 1.Does...

Shamsur · Shamsur

Hi Guys, I am trying to sort out some PAYE issues for a client. The client has not made any RTI submissions for the whole of 2013-14. How do I go about informing HMRC of the relevant information? All that I have is a record of net pay for each of the employees. Shamsur

Topic		Started By	Replies	Views	Last Post
	12pay (Preview) I have just downloaded 12pay and am about to submit my first months payroll on there for one of my clients. I have taken a payroll course previously but am enrolling to do it again as I did it along time ago and cannot remember much! Anyway, one of my clients has asked me to process their payroll from now on (...	KBS	3	1086	Mon Jun 30 22:46 2014 by KBS
	VAT Adjustments (Preview) Normally when I make a VAT adjustment in sage, say for fuel scale charges, I make the adjustment within the vat return which then posts a journal to vat adjustments and the control account. Now I need to reclaim some vat from a bad debt. Am I better doing a manual journal (credit bad debt debit purchase va...	Rhianrach	3	1078	Fri Jun 27 16:09 2014 by FoxAccountancyServices
	Employer NI Allowance (Preview) Dear Bookkeepers, Your opinion on this will be so much appreciated. How should we account for Employer NI Allowance? Dt PAYE due / Ct Employer NI or Dt PAYE due / Ct Other Revenue - HMRC Allowance Many thanks Diona	Diona	3	1004	Fri Jun 27 15:54 2014 by FoxAccountancyServices
	RTI - definite signs of improvements.......in some areas. (Preview) I started submitting FPS for a new client - they've only just started up. Did another FPS on Tuesday (with more new employees) - by the Wednesday they had sent out a new tax code for one of the employees (one with two jobs) and sent out a national insurance number today (Thursday) for one employee that had...	Peasie	2	621	Thu Jun 26 15:38 2014 by Don Tax
	MGD (Preview) Hi all I was wondering if anyone can shed a little light on Machine Games Duty. So I have a receipt here. It has for example; Total cash in box 420.20 Total Net take 420.20 MGD on Net take @ 20% 84.04 Balance A 336.16 Balance B 336.16 Suppliers front money 7.00 Balance C 329.16 Site Owners Share 37% 121.79...	victoriaK	2	960	Wed Jun 25 21:17 2014 by rachel_mclean
	P11Ds - love them or hate them? (Preview) Okay everyone, be completely honest now. How many of you that have to do them, don't mind P11Ds? Even with dispensations for all the routine stuff and with very few entries to make just for the directors, I still hate them with a passion. Just about to press the send button on mine so all over for anoth...	Dinky	2	751	Tue Jun 24 20:13 2014 by MarkS
	holiday pay on zero hours contracts (Preview) HI everyone, I am hoping someone can help me. I have just taken on the payroll for a pre school, and they have an employee on zero hours contract. Their holiday pay is calculated over the 12 months and is paid within their salary each month, as they only have holiday during the school holidays. However,...	choccly-pops	4	3252	Mon Jun 23 15:46 2014 by choccly-pops
	VAT/Imports (Preview) I wonder if anyone could be good enough to clarify this for me: When a business Imports good from outside the EU and are delivered directly to the business address, at what point and how does the business pay the VAT due to HMRC 'at the port' get paid? Thanks	Pennant	4	764	Mon Jun 23 12:01 2014 by Pennant
	How to be self employed? (Preview) Hi All, I want to know how a language tutor can be self employed with the HMRC in the UK. I have a friend who is from Italy who is now gonna offer Italian lessons. He will be earning around 5k in about 3 or 4 months, so is well beyond the nic threshold of £5885. How the initial set up is to be done? I have advised h...	sage123	1	775	Mon Jun 23 10:37 2014 by Shamus
	Sole Trader to Ltd Company - VAT (Preview) One of my clients. who is a cafe owner (one shop), has recently secured a contract to operate 3 work canteens. The combined turnover will easily take her above the VAT threshold. For tax purposes I have suggested she sets up a Ltd Company. My question is related to VAT. Does the turnover start afres...	xantia743	11	2394	Fri Jun 20 18:26 2014 by Wella
	setting up new client - Dir since Jan but 1st pay this month do I treat as new employee? (Preview) Hi I am setting up a new client on Moneysoft ready to do 1st pay run tomorrow. It is a Dir of Ltd company but this will be the first time they have paid themselves. So do I input them as starting during this tax year, or before? I have a P45 but it is dated Dec 13 so if the start date is this tax year then it's no...	Meadowlands	2	537	Fri Jun 20 15:15 2014 by Meadowlands
	purchase invoices found later vat invoices not given on time vat (Preview) Hi can someone please help.This question is to just double check. If I am given a purchase invoice relating to a earlier purchase quater in a later quater can I include it in the current quater? I think yes.which I do. How far back can I go.is there a limit? I am given invoices from March 2013 this year.ca...	f n s	1	7325	Fri Jun 20 09:04 2014 by leshoward
	Corporation Tax - money put aside for future necessary repairs/renewal (provision?) (Preview) A community football club (Ltd Co) has an artificial pitch (3G) which will need renewing at some point in the future as it only has a limited lifespan. So they need to put money aside each year to cover the cost of this in say ten years time. What are the corporation tax implications? The money hasn't been...	Peasie	4	912	Thu Jun 19 13:43 2014 by Shamus
	Payroll help please (Preview) Newly registered employer taken on first employee and will be paying weekly with a week in hand. Using Moneysoft Payroll Manager I have input start date for employee as 16 June, however first pay date is 27 June after working first week in hand, so I think the first RTI submission will be on or before 27...	JacF	5	1547	Wed Jun 18 19:50 2014 by JacF
	Self Assessment question. (Preview) Hello, I am currently working my way through AAT and i'm getting asked about doing sub contractor / sole trader self assessments. I'd like to start doing them but don't know if I need extra qualications to do it. I've done my own and helped my neighboor to do his without a problem. Thanks in advance for an...	Bazmia	1	762	Tue Jun 17 10:21 2014 by Don Tax
	Posted 2013 -14 but now found timesheet for last year (Preview) Hi I've posted the FPS for 2013-14 but have just found an outstanding timesheet from this year even though I've closed it off. The company has 5 employees and this timesheet is for a month for £500. What should I do, will the company get fined? Thanks	rachael-pink	0	670	Sun Jun 15 20:51 2014 by rachael-pink
	Cloud payroll software recommendations required (Preview) Due to massive downsizing where I am currently working, I want to change from our current payroll software which comes with extensive costs for support and licences etc to a cloud based system that will handle 2 separate companies, with a probable maximum of 10 employees each in the long term. I have b...	Dinky	6	1322	Sun Jun 15 18:59 2014 by lainy
	HMRC - Debt liability (Preview) Hello clever bookkeepers, What is period after which every liability to HMRC can expire? Thanks a lot! Diona	Diona	1	785	Thu Jun 12 09:52 2014 by Shamus
	Return Question (Preview) Hi I have a client who was previously self employed, but ceased trading on 04.12.2012. This date of cessation was included in the last return I completed for him for 2012/13. He has since been employed by the company, but has recently received a SA100 for 2013/14. He has no other income. Q. 1.Does...	Stevie2929	8	1063	Wed Jun 11 20:50 2014 by Stevie2929
	Late PAYE final submission for 2013-14 (Preview) Hi Guys, I am trying to sort out some PAYE issues for a client. The client has not made any RTI submissions for the whole of 2013-14. How do I go about informing HMRC of the relevant information? All that I have is a record of net pay for each of the employees. Shamsur	Shamsur	2	710	Tue Jun 10 09:50 2014 by Don Tax
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