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

Samilou67 · Samilou67

What would be the quickest easiest way to compare the 20% standard rate VAT return to a 12% flat rate return for a client? Sam

numbnumber · numbnumber

I know holidays accrue while an employee is on Stat Maternity Leave, however a little confused as to the rate of holiday pay. We pay standard holiday pay based on the average pay of the last 12 weeks worked. Does this mean that the accrued holiday whilst on Maternity Leave is paid on the SMP rate curre...

Elaine R · Elaine R

Hi All, The cleaner at my works only does 12 hours per week and has not worked full time hours since her daughter was born 14 years ago. She was not paying any tax which is correct. Now HMRC have written to her saying her new code is BR1. I am convinced this is wrong. What does she have to do? Does she need to...

dgts2011 · dgts2011

Hi there, A friend of mine has got them selves in a pickle and was wondering if someone would be able to shed some light on the likely outcome? They set up a ltd company in April 2012 and the started paying themselves in October 2012, unfortunately they didn't register with HMRC as employers and still h...

Sunnyday · Sunnyday

Hi Can VAT be claimed on purchases made with Director's Loan? Thank you!

GJRobbins · GJRobbins

Hi all My tax knowledge never has been the best, so hopefully someone can help me with this query - HMRC were not very helpful.. A friend of mine has asked me for advice on the tax implications of selling books online. They are not VAT registered at the moment and do not need to be as turnover is not high enou...

Vicki Newman · Vicki Newman

Hello I know that usually to qualify for a capital allowance the expenditure has to be for £1000 or more. My client has a lot of fixtures and fittings inside a log cabin structure that I really would like to get some tax relief for her, the only problem is the total of the expenditure is only £707. Would thi...

tonys · tonys

Hi What would be the correct coding on Sage for Google services, I know it isn't a T8 but not 100% sure which other code to use? (is it T1?) Thanks!

ClawzCTR · ClawzCTR

I have a client whos a VERY small Ltd. company and she runs a charity shop (had to limited on instruction from council) anyway... ...She has to get some extra help in this summer to help with opening times. Now rather than looking and hiring for someone her 16 yr old daughter wants to help. Now if she was a s...

Cheshire · Cheshire

Hi There was a posting on here a few weeks ago about working as self employed v ltd company status - I cant find it now and wanted to double check some of the info in it as Ive been asked the same question by someone and wanted to make sure I hadnt forgotten anything in my calculations. Anyone know how I can fi...

NickyW · NickyW

Please can somebody help me as I am really confused. On the HMRC website it says that you should put 'exports outside EU' in box 6 - so that would be sales to US etc. However I have read elsewhere and on different forums that sales outside the EU should be marked as a T9 - outside scope of VAT. I would appreci...

Niki · Niki

Hi, I could really do with some help... I understand a VAT return is due to HMRC by the 7th August for period 1st April - 30th Jun. And to be completely honest I DO NOT KNOW WHERE TO START. Exactly what do i need to include? Please help..... -- Edited by Niki on Thursday 25th of July 2013 02:01:40 PM

ridgey22 · ridgey22

Hi Can someone please help me out with my P11d query? A director of a company has a P11d of £20k which is wholly a business expense which she has paid for herself to allow her to do her job. On completely her Self-assessment do I add these as benefits within the P11d section on taxcalc under the various...

books2013 · books2013

Hi all Apologies for what may seem an obvious question. A vat reg'd client, cash accounting scheme has never filed tax returns so trying to go back and prepare his tax returns for past 3 years. What is the best thing to do if the figures are different when I have prepared a reconciliation? Ie the turnov...

Count1314 · Count1314

I have a really small business and am looking for software to handle RTI which is either free or cheap. The idea is to get the client to run (really small amount of employees) payroll on a weekly basis when I am unable to.......or maybe just every week.......so needs to be simple. Can anyone recommend so...

Shamus · Shamus

Just to let people know that for those with clients on annual pay HMRC have now fixed it but are not telling anyone that they have been accepted onto annual and if the person makes more than one salary payment during the year then the scheme is cancelled for them (seems a tad unfair there where they didn't...

Alison · Alison

So long since I done an online VAT return, thinking the deadlne will be 7th August but don't want to be wrong, is it 7th August deadline for VAT return or tomorrow? Thanks Alison

Elaine R · Elaine R

Hello everyone, I have a new client that I have just acquired. It's a new business started last November. He has asked me if he can claim back VAT on his purchase invoices. He's not yet VAT registered so I have told him no, not unless he registers for VAT. Is it really worth it for him? He has earned £11k f...

Pickle · Pickle

If someone is registered for the flat rate vat scheme do they charge their customers at the standard vat rate of 20% & then work out their flat rate % of say 6% on their sales to pay hmrc on their return? Or do they just charge their customers the 6% on their sales invoices?

QBE Book-Keeping · QBE Book-Keeping

I have a client contact me with regards rental properties. He is employed by a company and pays tax through PAYE. He has indicated to me that he has had a rental property for the last 4 years and not declared it to the Revenue. How do I/we go about reporting this to the Revenue??He is not Self Employed. Do I...

Topic		Started By	Replies	Views	Last Post
	Working out VAT perentage (Preview) What would be the quickest easiest way to compare the 20% standard rate VAT return to a 12% flat rate return for a client? Sam	Samilou67	3	629	Thu Aug 8 04:36 2013 by kjmcculloch83
	Holiday Pay Rate when on SMP (Preview) I know holidays accrue while an employee is on Stat Maternity Leave, however a little confused as to the rate of holiday pay. We pay standard holiday pay based on the average pay of the last 12 weeks worked. Does this mean that the accrued holiday whilst on Maternity Leave is paid on the SMP rate curre...	numbnumber	2	1230	Thu Aug 8 00:51 2013 by BudgetB
	Tax Code BR (Preview) Hi All, The cleaner at my works only does 12 hours per week and has not worked full time hours since her daughter was born 14 years ago. She was not paying any tax which is correct. Now HMRC have written to her saying her new code is BR1. I am convinced this is wrong. What does she have to do? Does she need to...	Elaine R	2	1682	Wed Aug 7 16:51 2013 by Elaine R
	PAYE Registration (Preview) Hi there, A friend of mine has got them selves in a pickle and was wondering if someone would be able to shed some light on the likely outcome? They set up a ltd company in April 2012 and the started paying themselves in October 2012, unfortunately they didn't register with HMRC as employers and still h...	dgts2011	1	697	Tue Aug 6 04:55 2013 by Amanda
	Vat on purchases paid from Director's Loan account (Preview) Hi Can VAT be claimed on purchases made with Director's Loan? Thank you!	Sunnyday	7	6779	Sun Aug 4 23:46 2013 by JulieS
	Tax implications of selling books and e-books online.. (Preview) Hi all My tax knowledge never has been the best, so hopefully someone can help me with this query - HMRC were not very helpful.. A friend of mine has asked me for advice on the tax implications of selling books online. They are not VAT registered at the moment and do not need to be as turnover is not high enou...	GJRobbins	5	5619	Sun Aug 4 23:21 2013 by JulieS
	What total would be acceptable to clain a capital allowance. (Preview) Hello I know that usually to qualify for a capital allowance the expenditure has to be for £1000 or more. My client has a lot of fixtures and fittings inside a log cabin structure that I really would like to get some tax relief for her, the only problem is the total of the expenditure is only £707. Would thi...	Vicki Newman	6	1341	Fri Aug 2 02:28 2013 by Cheshire
	Google invoice posting on Sage (Preview) Hi What would be the correct coding on Sage for Google services, I know it isn't a T8 but not 100% sure which other code to use? (is it T1?) Thanks!	tonys	1	714	Thu Aug 1 23:03 2013 by GordonB
	PAYE or not PAYE... (Preview) I have a client whos a VERY small Ltd. company and she runs a charity shop (had to limited on instruction from council) anyway... ...She has to get some extra help in this summer to help with opening times. Now rather than looking and hiring for someone her 16 yr old daughter wants to help. Now if she was a s...	ClawzCTR	7	1221	Thu Aug 1 00:55 2013 by Cheshire
	IGNORE - ALL SORTED (Preview) Hi There was a posting on here a few weeks ago about working as self employed v ltd company status - I cant find it now and wanted to double check some of the info in it as Ive been asked the same question by someone and wanted to make sure I hadnt forgotten anything in my calculations. Anyone know how I can fi...	Cheshire	4	1016	Thu Aug 1 00:54 2013 by Cheshire
	VAT on sales outside EU (Preview) Please can somebody help me as I am really confused. On the HMRC website it says that you should put 'exports outside EU' in box 6 - so that would be sales to US etc. However I have read elsewhere and on different forums that sales outside the EU should be marked as a T9 - outside scope of VAT. I would appreci...	NickyW	5	2966	Wed Jul 31 20:04 2013 by NickyW
	How to Submit VAT Return (Preview) Hi, I could really do with some help... I understand a VAT return is due to HMRC by the 7th August for period 1st April - 30th Jun. And to be completely honest I DO NOT KNOW WHERE TO START. Exactly what do i need to include? Please help..... -- Edited by Niki on Thursday 25th of July 2013 02:01:40 PM	Niki	7	1921	Wed Jul 31 06:05 2013 by JulieS
	P11d directors/SA-HELP! (Preview) Hi Can someone please help me out with my P11d query? A director of a company has a P11d of £20k which is wholly a business expense which she has paid for herself to allow her to do her job. On completely her Self-assessment do I add these as benefits within the P11d section on taxcalc under the various...	ridgey22	1	732	Wed Jul 31 04:54 2013 by JulieS
	VAT reconciliation with year end (Preview) Hi all Apologies for what may seem an obvious question. A vat reg'd client, cash accounting scheme has never filed tax returns so trying to go back and prepare his tax returns for past 3 years. What is the best thing to do if the figures are different when I have prepared a reconciliation? Ie the turnov...	books2013	3	4821	Wed Jul 31 01:43 2013 by books2013
	Cheap or Free Paroll Software (Preview) I have a really small business and am looking for software to handle RTI which is either free or cheap. The idea is to get the client to run (really small amount of employees) payroll on a weekly basis when I am unable to.......or maybe just every week.......so needs to be simple. Can anyone recommend so...	Count1314	10	4809	Wed Jul 31 00:13 2013 by FoxAccountancyServices
	RTI Annual scheme fixed (Preview) Just to let people know that for those with clients on annual pay HMRC have now fixed it but are not telling anyone that they have been accepted onto annual and if the person makes more than one salary payment during the year then the scheme is cancelled for them (seems a tad unfair there where they didn't...	Shamus	1	525	Tue Jul 30 22:53 2013 by Cheshire
	When is the final deadline for online submitting VAT return for June 2013 quarter please? (Preview) So long since I done an online VAT return, thinking the deadlne will be 7th August but don't want to be wrong, is it 7th August deadline for VAT return or tomorrow? Thanks Alison	Alison	2	1006	Tue Jul 30 18:54 2013 by Alison
	Sole Trader registering for VAT (Preview) Hello everyone, I have a new client that I have just acquired. It's a new business started last November. He has asked me if he can claim back VAT on his purchase invoices. He's not yet VAT registered so I have told him no, not unless he registers for VAT. Is it really worth it for him? He has earned £11k f...	Elaine R	3	889	Tue Jul 30 18:00 2013 by Elaine R
	Vat flat rate scheme (Preview) If someone is registered for the flat rate vat scheme do they charge their customers at the standard vat rate of 20% & then work out their flat rate % of say 6% on their sales to pay hmrc on their return? Or do they just charge their customers the 6% on their sales invoices?	Pickle	7	1049	Tue Jul 30 14:05 2013 by Paul
	Rent Properties and Aged Tax (Preview) I have a client contact me with regards rental properties. He is employed by a company and pays tax through PAYE. He has indicated to me that he has had a rental property for the last 4 years and not declared it to the Revenue. How do I/we go about reporting this to the Revenue??He is not Self Employed. Do I...	QBE Book-Keeping	3	4583	Thu Jul 25 12:32 2013 by Shamus
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