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

Shamus · Shamus

http://www.book-keepers.org.uk/t62264820/site-ethics/

K1ngD · K1ngD

Hello, I've been in the construction game for several years now and I've recently taken on a self employed person to help me handle the work load. All this time, the contractors have paid my CIS - which is the 20%. I'm now confused as how to how it translates to paying my lad. Say I invoice £1000 to the contr...

HCJC · HCJC

Good morning all, We have just paid our first quarters PAYE and noticed that the first two months employers allowance had not been taken into account. On questioning this with HMRC, they informed me that they had off set the first two months against an outstanding balance from the previous year. No on...

Riel · Riel

Hi Guys, We have an employee who is emigrating to Australia and will continue to work for us remotely. Does anyone know where I can find out about the income tax implications for this employee preferably in basic English as the only thing I can find is in legalese Thanks for any help I can get.

tattycat · tattycat

Hi everyone, As the title says, I am hoping someone here can advise me on what software to use for "Making Tax Digital". My husband and I have a VAT-registered small business (a limited company), which to be honest does very little business these days. HMRC have said that we must start keeping digital...

pbr · pbr

How to deal if client missed submitting their self assessment

BeeK · BeeK

Does anyone know how to delete a company in Basic Tools?I have inherited a company payroll from another bookkeeper and when she sent the backup it has several other companies in the backup too that are noting to do with me. I have started to get messages about the deadlines missed in these companies for...

JMWT · JMWT

Hi Everyone, One of my main clients asked me to refund an invoice they paid me in the 2019 financial year, as they discovered that the total amount they paid, on their accounting system, should have been split into different invoices. They've asked me to repay the full amount, including VAT (£1200),...

Links · Links

Hi, I need a help with recording on sage. We have a business van that is used by one employee only. He is using it for business and private journeys too and pays for all fuel by business card only. When I get receipt for fuel I just record it to 7300 from his business card to claim the VAT. He keeps a truck of all...

Leger · Leger

I did ask this on aweb a while ago but there was little response, most of which I take responsibility for as I didn't go back to the forum for a while so answered one of the questions a couple of weeks later. O appreciate this is an accountancy question more than a bookkeeping question, but I have heard on t...

FoxAccountancyServices · FoxAccountancyServices

Hey lovelies! Does anyone know how to delete a company in Basic Tools?? I had a client who was a nigtmare with his wages, so I asked him to go to an established payroll firm (you know PAYE isn't my area!)... I sent the payroll bureau the mid year figures, but when I try to delete the company, it says I cannot d...

Metatron · Metatron

Hi all First post so hope i dont break any posting rules! Ive had a limited company for several years now and have built up capital in it but switched to a perm role after the introduction of IR35 in the private sector. My salary is just below 100k and now im stuck. If i start drawing dividends and salary f...

reens80 · reens80

Hi, I receive invoices from these three channels. I can see VAT on commission and admin that I need to pay, but I cannot se VAT breakdown of the revenue (sales). Anyone else has this experience. We are about to be VAT registerd.

sjl1974 · sjl1974

Hello all, I am so glad I found this forum, there is a lot of good reading on here. My question is...I have a client who has recently gone over the VAT threshold so we have registered for VAT from 01.02.22. He then presented me with some January 22 supplier invoices, how do I deal with the VAT within these...

Pickle · Pickle

Hi just wondering if anyone could help me with how I record the following in Sage please? An England based standard vat registered Ltd mechanic has purchased some car parts from Germany. The purchase invoice is in GBP and says the price excl vat is £1,624.67 the vat is and total inc vat is £1,624.67. A...

Stuartwantstoknow · Stuartwantstoknow

Hi All, trying to figure out best possible solution to getting an electric vehicle for both private and business use. Currently due to end my lease with Land Rover and looking at 2 different options. Option 1 and likely (Tesla Model 3 or Model y). Low BIK at 1% and going up 2% but does anyone know the 3 and 4...

new start up · new start up

This one is really confusing now! The first link hear quotes You do not need to register for PAYE if none of your employees are paid £120 or more a week, https://www.gov.uk/paye-for-employers But his one quotes Register for PAYE online Only continue if the company does, or intends to do, one of the f...

new start up · new start up

So lets see. I have Non VAT invoices from VAT registered companies. You know companies like Argos, B@Q and ASDA. And they dont list sub total "with out vat" and they dont list "the vat only". they only list "the grand total" So an example is total on bill = £69.99 so to work out price with out VAT the equassi...

Leger · Leger

Director of Ltd Company will be doing some CIS work as a sole trader (he is registered as an individual) as work has dried up for the Company. The Company is a CIS subcontractor. Can the Company hire the van and tools to him in order to carry out this work, and in particular with the van, it's registered to...

Elaine R · Elaine R

Hi, I have been reading a thread about Amazon sales and VAT but have got lost. My client has recently registered for VAT as he has hit the threshold. He sells mainly on Amazon in the UK and also in France, Germany, Italy and Spain. He sends his goods out to Amazon fulfillment centers and then when a sale is...

Topic		Started By	Replies	Views	Last Post
	STICKY: Before Posting (closed) (Preview) http://www.book-keepers.org.uk/t62264820/site-ethics/	Shamus	0	5590	Sat Jun 11 15:08 2016 by Shamus
	CIS query (Preview) Hello, I've been in the construction game for several years now and I've recently taken on a self employed person to help me handle the work load. All this time, the contractors have paid my CIS - which is the 20%. I'm now confused as how to how it translates to paying my lad. Say I invoice £1000 to the contr...	K1ngD	5	371	Mon Aug 15 17:20 2022 by Fast Eddie
	Early year payroll submission - Xero (Preview) Good morning all, We have just paid our first quarters PAYE and noticed that the first two months employers allowance had not been taken into account. On questioning this with HMRC, they informed me that they had off set the first two months against an outstanding balance from the previous year. No on...	HCJC	1	242	Mon Aug 1 09:56 2022 by Riel
	Australian Employee (Preview) Hi Guys, We have an employee who is emigrating to Australia and will continue to work for us remotely. Does anyone know where I can find out about the income tax implications for this employee preferably in basic English as the only thing I can find is in legalese Thanks for any help I can get.	Riel	3	278	Wed Jul 27 10:29 2022 by Riel
	Any recommendations - or anti-recommendations - for free software compatible with "Making Tax Digital" for VAT? (Preview) Hi everyone, As the title says, I am hoping someone here can advise me on what software to use for "Making Tax Digital". My husband and I have a VAT-registered small business (a limited company), which to be honest does very little business these days. HMRC have said that we must start keeping digital...	tattycat	1	274	Thu Jul 14 12:46 2022 by Leger
	Self assessment (Preview) How to deal if client missed submitting their self assessment	pbr	2	345	Sat Jun 11 22:04 2022 by Leger
	Can I delete a company in the HMRC PAYE Basic Tools?? (Preview) Does anyone know how to delete a company in Basic Tools?I have inherited a company payroll from another bookkeeper and when she sent the backup it has several other companies in the backup too that are noting to do with me. I have started to get messages about the deadlines missed in these companies for...	BeeK	5	662	Fri Jun 10 16:48 2022 by Leger
	How to reconcile the VAT with a credit note linked to an invoice paid in a previous finacial year? VAT XERO (Preview) Hi Everyone, One of my main clients asked me to refund an invoice they paid me in the 2019 financial year, as they discovered that the total amount they paid, on their accounting system, should have been split into different invoices. They've asked me to repay the full amount, including VAT (£1200),...	JMWT	14	548	Fri Jun 10 11:05 2022 by Onion4Sage
	Business van - business and private use sage recording (Preview) Hi, I need a help with recording on sage. We have a business van that is used by one employee only. He is using it for business and private journeys too and pays for all fuel by business card only. When I get receipt for fuel I just record it to 7300 from his business card to claim the VAT. He keeps a truck of all...	Links	2	578	Thu Jun 2 12:07 2022 by Task4
	Director and shareholder acting as self employed (Preview) I did ask this on aweb a while ago but there was little response, most of which I take responsibility for as I didn't go back to the forum for a while so answered one of the questions a couple of weeks later. O appreciate this is an accountancy question more than a bookkeeping question, but I have heard on t...	Leger	2	439	Wed May 25 18:17 2022 by Leger
	Removing a company from HMRC basic tools software (Preview) Hey lovelies! Does anyone know how to delete a company in Basic Tools?? I had a client who was a nigtmare with his wages, so I asked him to go to an established payroll firm (you know PAYE isn't my area!)... I sent the payroll bureau the mid year figures, but when I try to delete the company, it says I cannot d...	FoxAccountancyServices	2	6326	Sun May 8 13:21 2022 by Leger
	Advice on what to do with money in a limited company (Preview) Hi all First post so hope i dont break any posting rules! Ive had a limited company for several years now and have built up capital in it but switched to a perm role after the introduction of IR35 in the private sector. My salary is just below 100k and now im stuck. If i start drawing dividends and salary f...	Metatron	4	598	Thu Mar 3 09:30 2022 by Leger
	VAT on Sales: Just Eat, Deliveroo, Uber Eats (Preview) Hi, I receive invoices from these three channels. I can see VAT on commission and admin that I need to pay, but I cannot se VAT breakdown of the revenue (sales). Anyone else has this experience. We are about to be VAT registerd.	reens80	3	671	Fri Feb 25 20:56 2022 by Leger
	Dealing with supplier invoices dated prior to VAT registration (Preview) Hello all, I am so glad I found this forum, there is a lot of good reading on here. My question is...I have a client who has recently gone over the VAT threshold so we have registered for VAT from 01.02.22. He then presented me with some January 22 supplier invoices, how do I deal with the VAT within these...	sjl1974	5	840	Fri Feb 25 10:15 2022 by Leger
	Reverse import VAT? (Preview) Hi just wondering if anyone could help me with how I record the following in Sage please? An England based standard vat registered Ltd mechanic has purchased some car parts from Germany. The purchase invoice is in GBP and says the price excl vat is £1,624.67 the vat is and total inc vat is £1,624.67. A...	Pickle	0	446	Tue Feb 15 16:47 2022 by Pickle
	Electric Vehicles Tax considerations (Preview) Hi All, trying to figure out best possible solution to getting an electric vehicle for both private and business use. Currently due to end my lease with Land Rover and looking at 2 different options. Option 1 and likely (Tesla Model 3 or Model y). Low BIK at 1% and going up 2% but does anyone know the 3 and 4...	Stuartwantstoknow	1	532	Mon Feb 14 23:23 2022 by Leger
	Registering an employee for PAYE tax (UK) (Preview) This one is really confusing now! The first link hear quotes You do not need to register for PAYE if none of your employees are paid £120 or more a week, https://www.gov.uk/paye-for-employers But his one quotes Register for PAYE online Only continue if the company does, or intends to do, one of the f...	new start up	5	760	Mon Feb 14 23:20 2022 by Leger
	Rounding VAT up to nearest penny (Preview) So lets see. I have Non VAT invoices from VAT registered companies. You know companies like Argos, B@Q and ASDA. And they dont list sub total "with out vat" and they dont list "the vat only". they only list "the grand total" So an example is total on bill = £69.99 so to work out price with out VAT the equassi...	new start up	5	691	Thu Feb 10 13:03 2022 by Shamus
	Ltd Co renting van to Director to use as self employed. (Preview) Director of Ltd Company will be doing some CIS work as a sole trader (he is registered as an individual) as work has dried up for the Company. The Company is a CIS subcontractor. Can the Company hire the van and tools to him in order to carry out this work, and in particular with the van, it's registered to...	Leger	5	629	Wed Feb 9 16:29 2022 by Leger
	Accounting for VAT on Amazon sales in EU Countries and UK (Preview) Hi, I have been reading a thread about Amazon sales and VAT but have got lost. My client has recently registered for VAT as he has hit the threshold. He sells mainly on Amazon in the UK and also in France, Germany, Italy and Spain. He sends his goods out to Amazon fulfillment centers and then when a sale is...	Elaine R	3	1086	Thu Feb 3 14:38 2022 by Blonde Accountant
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