The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> C79s and importing
Post Info TOPIC: C79s and importing
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
C79s and importing
Permalink Closed

Hi

In the past my client has sent me C79 which Ive been able to match to freight company invoice.  He has also sent me copies of the C88 importation doc which has enabled me to see the rate used to convert the import from US dollars to sterling (and on which then the VAT was based) - this has been useful as it has meant I can match it up to the import invoice from his Chinese suppliers.

Now I havent got the C88s - should I be getting this?  I have Chinese invoices but want to make sure Ive not missed anything as this one is notoriously bad at giving me all the paperwork. Even when I ask!!  Do you routinely get it?   If not do you just use the HMRC rate on the date declared from C79 for the conversion rate for the suppliers invoice?

He usually ships in his goods but has also air freighted two batches - is there anything extra I need to be looking out for (just want an early heads up so I can start my nagging for paperwork off!) doh

 

 



__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
leshoward


Senior Member

Status: Offline
Posts: 292
Date:
Permalink Closed

Joanne, just on the VAT front - the C79 is your Purchase Invoice for input tax purposes. Do check against the other documentation, so that the actual accounting entries are correct. I have known C79s to be incorrect.

__________________
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink Closed

Hi Les
I always like to double check with these things which is why part of me (control freak) wants the C88s as well as the other bits. Ive had instances of no C79 because VAT numbers were quoted incorrectly/someones else's stuff on it etc so I will 'hunt them down'. I wont let him reclaim the VAT until I have the C79 - learnt very quickly the 'I will get it next time' = 'I will not bother'.

Hope youre ok and almost ready for the Christmas onslaught or peace depending on what youre up to!


__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> VAT, Payroll & Tax -> C79s and importing
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About