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

Daisy · Daisy

Scottish person in Scottish care home being paid for with pensions and rental of house in Scotland. Person with Power of Attorney POA, lives in England. Tax return was for Scottish Tax last year but this year, 2019/2020,has been changed to English - who is responsible for the Tax? Can I leave at Eng...

Blonde Accountant · Blonde Accountant

Hi , I wonder if anyone can help please. I know that HMRC have stated that use of home @ £26 per month can be claimed for employees for the year, however can it still be claimed for part of the year. For example, the employer paid employees £26 per month from May-July, but now it has stopped, but the majorit...

Shav · Shav

I agreed to do a tax return for a uncle's friend who does some general building works ( sole trader ). I dont work in practice, i work in industry but just wanted to help him do the return just to get an experience - as i am thinking maybe i can do a little side business in the future- doing simple tax returns fo...

Leger · Leger

Throwing open for debate. If a sole director, furloughed because there is nothing happening in their line of work, spends a small amount of time trying to gain work, would this disqualify them from receiving furlough, and would costs incurred be allowed? The question has been asked of me and its lef...

Rhianrach · Rhianrach

Hi All When furlough started, employers with staff who work variable hours I worked out their average hours from the previous 12 weeks or 3 months (dependant on pay frequency). With the new scheme will I be taking a 12 week or 3 month average back from 31st October or use the original figures? -- Edite...

Jpeterson85 · Jpeterson85

Hello, we are using the VAT margin scheme on our sales of products (memorabilia and art) that fall into the scheme (pay 16.67% on the difference between the purchase and sale price of the item) and looking for advice on how this should be calculated, also taking into consideration the amount received...

Payrollstartup · Payrollstartup

Hi everyone! I currently work for a large company doing in house payroll, I am qualified in payroll and bookkeeping up to level 4 But the money isnt great so I am looking into working for myself in my spare time in hope to eventually be fully self employed eventually. I have 3 clients already for bookke...

AC · AC

I have a (standard) VAT registered Limited company client who supplies kit into business premises on a monthly rental basis. I'm being a bit vague on the product for confidentiality purposes. So let's say its industrial hoovers. They then also supply 'consumables' used as and when it was nee...

rafapak · rafapak

Hi guys I am trying to understand vat better. They say vat has to do with concept called ' utility' . Utility is about how businesses want to make their products be very attractive to final consumers. They achieve this in four ways. 1. Form- They convert raw materials into finished products 2. Time-...

Leger · Leger

When I first joined this forum it was quite lively with several posts a day and some interesting discussions. Over time, contributors have dwindled and we are now left with a handful of regular contributors. It can be more or less a week without any posts made and both I and Doug have experienced no res...

Blonde Accountant · Blonde Accountant

Hi, I have a wages client whose staff have all been on furlough since April, he was wondering for September when he has to make up the extra 10% of their wages to 80%, if he can bring his staff into generate income to pay the 10%. Also he wonders if work does pick up in September, could he claim the 70% and the s...

kimrs007 · kimrs007

Hi Guys, I'm probably being really dim here!! But, one of our employees worked full time 42.5 hours per week (8.5 hours, 5 x days a week) and had a holiday allowance of 30 days. The employee has now dropped their contracted hours to 34 hours per week (8.5 hours, 4 x days a week) and is receiving a reduced mon...

BudgetB · BudgetB

Afternoon all, I wondered whether anyone has had cause to complete one of these little joys on behalf of a client yet, and if so how you'd found the process? Thanks

Riel · Riel

Hi, We are a VAT registered business. One of our suppliers damaged one of our vehicles, we have had it repaired and I am raising a debit note to deduct it from the payment we are due to make. One of the invoices has vat on so no problem, but one of them is from a mechanic who isn't vat registered so no vat. m...

VinceH · VinceH

I was forwarded an email from a client's supplier - just one line, not written clearly, and seemed to be chasing for payment of an old invoice; a copy was attached. It was from two years ago - so I had to go back to my backups from that period to check. It turned out the invoice had been received, and I'd paid i...

Leger · Leger

I'm just doing the year end for a client, and they have paid an employee £10 a day subsistence and £6 a day parking (Employee works away) Nothing on their payslip to indicate. Previously there was no quibble if you stick to the published rates (£10 if away from home for more than 10 hours) providing you go...

Artois · Artois

Morning all Has anyone else had any problems with clients showing on the normal agent account? I put in the VAT authorisation code that the client received and it said accepted but is still yet to show on my client list, it has been nearly a week now where as usually it takes less than 2 days.

Melissa15 · Melissa15

Hi, Can anyone shed any light on how to account for Sales Tax on payments from Etsy? Thanks, Melissa

Gregory · Gregory

Hello everybody! From what I've learnt online so far, any UK Director of a Limited Company MUST file tax returns even if there is no salary paid for the job. BTW, as far as I know, UK law doesn't require that in a first place (i.e., that a certain compensation MUST be paid to a Director for his duties) - corr...

Leger · Leger

This has landed in my inbox this morning. Organised by Brightpay but you don't have to use their software to attend. Don't know about anyone else but I still haven't got my head round it, so I've registered. EDIT: And it helps if you post the link. https://register.gotowebinar.com/register/5...

Topic		Started By	Replies	Views	Last Post
	Taxpayer is in Scotland; but POA is in Engladd - which tax is due? (Preview) Scottish person in Scottish care home being paid for with pensions and rental of house in Scotland. Person with Power of Attorney POA, lives in England. Tax return was for Scottish Tax last year but this year, 2019/2020,has been changed to English - who is responsible for the Tax? Can I leave at Eng...	Daisy	2	1496	Mon Nov 16 14:52 2020 by Daisy
	Use of home allowance (Preview) Hi , I wonder if anyone can help please. I know that HMRC have stated that use of home @ £26 per month can be claimed for employees for the year, however can it still be claimed for part of the year. For example, the employer paid employees £26 per month from May-July, but now it has stopped, but the majorit...	Blonde Accountant	2	1901	Fri Oct 23 13:07 2020 by Blonde Accountant
	Sole trader tax return (Preview) I agreed to do a tax return for a uncle's friend who does some general building works ( sole trader ). I dont work in practice, i work in industry but just wanted to help him do the return just to get an experience - as i am thinking maybe i can do a little side business in the future- doing simple tax returns fo...	Shav	2	1658	Mon Oct 19 23:54 2020 by Leger
	Furloughed Director - Obtaining new work (Preview) Throwing open for debate. If a sole director, furloughed because there is nothing happening in their line of work, spends a small amount of time trying to gain work, would this disqualify them from receiving furlough, and would costs incurred be allowed? The question has been asked of me and its lef...	Leger	6	1459	Mon Oct 19 15:47 2020 by Artois
	JSS from 1st November (Preview) Hi All When furlough started, employers with staff who work variable hours I worked out their average hours from the previous 12 weeks or 3 months (dependant on pay frequency). With the new scheme will I be taking a 12 week or 3 month average back from 31st October or use the original figures? -- Edite...	Rhianrach	2	1504	Mon Oct 19 11:41 2020 by AC
	Calculating VAT Margin Scheme and iZettle Fees (Preview) Hello, we are using the VAT margin scheme on our sales of products (memorabilia and art) that fall into the scheme (pay 16.67% on the difference between the purchase and sale price of the item) and looking for advice on how this should be calculated, also taking into consideration the amount received...	Jpeterson85	8	3470	Fri Oct 9 09:59 2020 by Leger
	Help choosing a payroll software (Preview) Hi everyone! I currently work for a large company doing in house payroll, I am qualified in payroll and bookkeeping up to level 4 But the money isnt great so I am looking into working for myself in my spare time in hope to eventually be fully self employed eventually. I have 3 clients already for bookke...	Payrollstartup	16	2905	Sun Oct 4 10:11 2020 by AC
	VAT tax point and processing issues (Preview) I have a (standard) VAT registered Limited company client who supplies kit into business premises on a monthly rental basis. I'm being a bit vague on the product for confidentiality purposes. So let's say its industrial hoovers. They then also supply 'consumables' used as and when it was nee...	AC	3	1522	Tue Sep 22 20:49 2020 by Leger
	understanding vat (Preview) Hi guys I am trying to understand vat better. They say vat has to do with concept called ' utility' . Utility is about how businesses want to make their products be very attractive to final consumers. They achieve this in four ways. 1. Form- They convert raw materials into finished products 2. Time-...	rafapak	0	1497	Fri Sep 11 21:01 2020 by rafapak
	The forum is dead, long live the forum (Preview) When I first joined this forum it was quite lively with several posts a day and some interesting discussions. Over time, contributors have dwindled and we are now left with a handful of regular contributors. It can be more or less a week without any posts made and both I and Doug have experienced no res...	Leger	43	4842	Fri Sep 11 20:54 2020 by rafapak
	September Furlough help please (Preview) Hi, I have a wages client whose staff have all been on furlough since April, he was wondering for September when he has to make up the extra 10% of their wages to 80%, if he can bring his staff into generate income to pay the 10%. Also he wonders if work does pick up in September, could he claim the 70% and the s...	Blonde Accountant	3	1662	Mon Aug 24 16:55 2020 by Blonde Accountant
	Holiday allowance pro rated to reduced hours (Preview) Hi Guys, I'm probably being really dim here!! But, one of our employees worked full time 42.5 hours per week (8.5 hours, 5 x days a week) and had a holiday allowance of 30 days. The employee has now dropped their contracted hours to 34 hours per week (8.5 hours, 4 x days a week) and is receiving a reduced mon...	kimrs007	1	1585	Thu Aug 6 11:47 2020 by Rhianrach
	CGT 'mini return' (Preview) Afternoon all, I wondered whether anyone has had cause to complete one of these little joys on behalf of a client yet, and if so how you'd found the process? Thanks	BudgetB	4	1700	Mon Aug 3 18:11 2020 by BudgetB
	VAT when recharging a supplier (Preview) Hi, We are a VAT registered business. One of our suppliers damaged one of our vehicles, we have had it repaired and I am raising a debit note to deduct it from the payment we are due to make. One of the invoices has vat on so no problem, but one of them is from a mechanic who isn't vat registered so no vat. m...	Riel	2	1757	Wed Jul 29 09:05 2020 by Riel
	VAT dispute (a contender for the FFS thread) (Preview) I was forwarded an email from a client's supplier - just one line, not written clearly, and seemed to be chasing for payment of an old invoice; a copy was attached. It was from two years ago - so I had to go back to my backups from that period to check. It turned out the invoice had been received, and I'd paid i...	VinceH	3	1769	Wed Jul 22 10:27 2020 by VinceH
	Dispensations (PAYE) (Preview) I'm just doing the year end for a client, and they have paid an employee £10 a day subsistence and £6 a day parking (Employee works away) Nothing on their payslip to indicate. Previously there was no quibble if you stick to the published rates (£10 if away from home for more than 10 hours) providing you go...	Leger	1	1482	Sun Jul 19 19:29 2020 by Rachel19
	Client Authorisation (Preview) Morning all Has anyone else had any problems with clients showing on the normal agent account? I put in the VAT authorisation code that the client received and it said accepted but is still yet to show on my client list, it has been nearly a week now where as usually it takes less than 2 days.	Artois	4	1995	Fri Jul 17 08:36 2020 by Leger
	Etsy Sales (Preview) Hi, Can anyone shed any light on how to account for Sales Tax on payments from Etsy? Thanks, Melissa	Melissa15	1	1693	Wed Jul 15 10:44 2020 by Casu
	UK tax returns to HMRC for a foreign non-resident Director of a Limited Company (Preview) Hello everybody! From what I've learnt online so far, any UK Director of a Limited Company MUST file tax returns even if there is no salary paid for the job. BTW, as far as I know, UK law doesn't require that in a first place (i.e., that a certain compensation MUST be paid to a Director for his duties) - corr...	Gregory	6	1913	Mon Jul 13 14:34 2020 by Leger
	Flexible Furlough Free Webinar (Preview) This has landed in my inbox this morning. Organised by Brightpay but you don't have to use their software to attend. Don't know about anyone else but I still haven't got my head round it, so I've registered. EDIT: And it helps if you post the link. https://register.gotowebinar.com/register/5...	Leger	1	1548	Sat Jul 11 12:46 2020 by Artois
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