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

Samilou67 · Samilou67

Please could advise the figure to use when processing the payroll for furloughed employees. If a person's usual gross pay is 2500 per month, the claim for the 80% grant would be 2000. Do you use the 2500 figure or the 2000 figure in the payroll to calculate tax and NI? Thanks Sam - hope you are all well

Beck · Beck

We are a Plumbing and Heating business. Letting agents send us their work and take a 10% commission on our invoice amount. Let's use a simple example.... Our invoice: £100 net + £20 vat = £120 gross Should they: a) calculate the amount owed to them on the gross invoice amount, then add vat on top of their...

Leger · Leger

Client had a vehicle impounded by the Police for a serious motor offence. It's a sole trader vehicle, recorded as an asset, and was seized whilst returning from a work site. Release fee tax deductible or disallow? -- Edited by Leger on Tuesday 28th of April 2020 05:41:54 PM

Leger · Leger

Does anyone know if getting a CIS rebate affects uc? Just had a client on phone who did a lot of self employment last year, worked employment for 3 weeks then self isolated (mild COPD) as soon as Covid struck. Applied for uc but got declined, applied again roughly 3 weeks later and got accepted. He's had...

Artois · Artois

Just a quickie as on my phone, if someone (sole trader) has filed a return using HMRC software but messed it up can I now file an amended return using Taxfiler or does it have to be on the HMRC software?

Cheshire · Cheshire

https://www.icaew.com/insights/tax-news/2020/apr-2020/hmrc-updates-cjrs-guidance-again?fbclid=IwAR0fybDDbCPS1qsmPQ7n2zqhuBrpD...

Cheshire · Cheshire

https://www.cipp.org.uk/resources/news/calculate-wage-figures-cjrs.html

spurs1952 · spurs1952

Background: The HMRC Basic Tools Payroll is just run here for 1 director so there is no point in getting say an expensive Sage system, and the free Government system has always sufficed for us over many years. However it just came up with a message that I could update ready for 20/21 so I thought right I'l...

Casu · Casu

Just gone on agent account for a client - new SA client last tax year. Pulled the info from the agent portal (and same via Taxfiler) and its showing £159 in class 2 NI. Last year was nil due to being below the small profits threshold. This year will be the same, so no class 2 to pay. Business is ceased an...

Leger · Leger

Just want to check something out but I think this is ok. Subby client bought a van in the 19/20 tax year. He had mainly employed income with about 4k of self employed income, going forward he is self employed. After expenses his profit is £2.7k and if I claim AIA on the van it creates a loss of £5.5k. Am I r...

Cheshire · Cheshire

So what's been going on, what have I missed? Thank you to all those who PMd for for being MIA, so sorry if I worried anyone given my high risk position and last 11+ days of silence.......just bombed helping clients. Sorry for those who who thought they had got rid of me..... Anyway, just a quick shout out...

Cheshire · Cheshire

Title says it all - also covered in the Moneysoft thread which contains the link for the portal.

Cheshire · Cheshire

Now 20th

Sarah Antrobus · Sarah Antrobus

I have missed paying a member of staff a weeks SSP in the March payroll. I use Quickbooks Desktop. Is there someway of accounting for this in the 2019/2020 tax year. I haven't produced the P60's or done the final FPS yet. Many thanks

Samilou67 · Samilou67

Hi everyone and I hope you are all well in body and mind. I have a Company where an employee had two jobs and therefore their tax code was low. She stopped one job during the tax year which meant she had paid too much tax. How do I reclaim the tax? Its quite a lot of money and they are keen to get it back asap espec...

Daisy · Daisy

can anyone help,I use PBT for one client and his one employee , week 51 furlough but paid full pay ie 80% plus 20% top up, week 52 paid 80%. How do I enter this in PBT? there is no place for furlough, or anything else even holiday pay. All is done on a separate payslip. My worry is that employer will not get hi...

accountonus · accountonus

Hi Everyone, hope your all staying safe & getting through this crazy time for us all. I have been trying to file one of my clients VAT returns (deadline today). usually do via ablewarton since bladdy MTD and was going fine (past 2 returns) however now its just error messages, plus on logging into H...

Cheshire · Cheshire

Be warned - you will face complications if you try after 6 April!!!!!!

Pete McD QS · Pete McD QS

There were quite a few posts a year or two ago about this but I have always used a Payroll software that did this. I am now looking at a 12Pay which doesn't password the payslips. Would it be acceptable to give staff the option of un passworded payslips by email or paper ones by post and record their decsion...

Cheshire · Cheshire

This was probably out days ago, but just seen it, so apologies if its old news. MTD delayed a year! Soft landing extension I mean! Yey!!

Topic		Started By	Replies	Views	Last Post
	Payroll for furloughed employees (Preview) Please could advise the figure to use when processing the payroll for furloughed employees. If a person's usual gross pay is 2500 per month, the claim for the 80% grant would be 2000. Do you use the 2500 figure or the 2000 figure in the payroll to calculate tax and NI? Thanks Sam - hope you are all well	Samilou67	6	1444	Thu Apr 30 17:48 2020 by Samilou67
	VAT on Commission on Suppliers Invoice (Preview) We are a Plumbing and Heating business. Letting agents send us their work and take a 10% commission on our invoice amount. Let's use a simple example.... Our invoice: £100 net + £20 vat = £120 gross Should they: a) calculate the amount owed to them on the gross invoice amount, then add vat on top of their...	Beck	2	1029	Thu Apr 30 15:53 2020 by Beck
	Vehicle Impounded - Tax deductible? (Preview) Client had a vehicle impounded by the Police for a serious motor offence. It's a sole trader vehicle, recorded as an asset, and was seized whilst returning from a work site. Release fee tax deductible or disallow? -- Edited by Leger on Tuesday 28th of April 2020 05:41:54 PM	Leger	6	1292	Thu Apr 30 07:37 2020 by Artois
	CIS rebate and Universal Credit (Preview) Does anyone know if getting a CIS rebate affects uc? Just had a client on phone who did a lot of self employment last year, worked employment for 3 weeks then self isolated (mild COPD) as soon as Covid struck. Applied for uc but got declined, applied again roughly 3 weeks later and got accepted. He's had...	Leger	2	1072	Wed Apr 29 18:28 2020 by johnhemming
	Amended return in Taxfiler (Preview) Just a quickie as on my phone, if someone (sole trader) has filed a return using HMRC software but messed it up can I now file an amended return using Taxfiler or does it have to be on the HMRC software?	Artois	4	1218	Tue Apr 28 18:28 2020 by Artois
	CJRS - more updates (Preview) https://www.icaew.com/insights/tax-news/2020/apr-2020/hmrc-updates-cjrs-guidance-again?fbclid=IwAR0fybDDbCPS1qsmPQ7n2zqhuBrpD...	Cheshire	4	1128	Mon Apr 27 19:43 2020 by Rachel19
	How to calculate CJRS (Preview) https://www.cipp.org.uk/resources/news/calculate-wage-figures-cjrs.html	Cheshire	4	1423	Sat Apr 25 10:14 2020 by Cheshire
	The HMRC Basic Tools payroll RTI at 19/20 Year End update won't load or work on my Mac for 20/21 (Preview) Background: The HMRC Basic Tools Payroll is just run here for 1 director so there is no point in getting say an expensive Sage system, and the free Government system has always sufficed for us over many years. However it just came up with a message that I could update ready for 20/21 so I thought right I'l...	spurs1952	2	1531	Fri Apr 24 07:40 2020 by spurs1952
	Self assessment - NI query (Preview) Just gone on agent account for a client - new SA client last tax year. Pulled the info from the agent portal (and same via Taxfiler) and its showing £159 in class 2 NI. Last year was nil due to being below the small profits threshold. This year will be the same, so no class 2 to pay. Business is ceased an...	Casu	2	1138	Wed Apr 22 17:22 2020 by Casu
	AIA creating a loss (Preview) Just want to check something out but I think this is ok. Subby client bought a van in the 19/20 tax year. He had mainly employed income with about 4k of self employed income, going forward he is self employed. After expenses his profit is £2.7k and if I claim AIA on the van it creates a loss of £5.5k. Am I r...	Leger	3	1581	Mon Apr 20 18:32 2020 by Leger
	Moneysoft covid furlough launch - CJRS (Preview) So what's been going on, what have I missed? Thank you to all those who PMd for for being MIA, so sorry if I worried anyone given my high risk position and last 11+ days of silence.......just bombed helping clients. Sorry for those who who thought they had got rid of me..... Anyway, just a quick shout out...	Cheshire	6	3078	Mon Apr 20 13:26 2020 by Leger
	CJRS - HMRC portal not working for more than 1 EE - known issue (Preview) Title says it all - also covered in the Moneysoft thread which contains the link for the portal.	Cheshire	1	1476	Mon Apr 20 11:24 2020 by Artois
	Furlough portal launch date earlier than original advised (Preview) Now 20th	Cheshire	24	2254	Sat Apr 18 10:09 2020 by Leger
	What to do with unpaid SSP at tax yr end (Preview) I have missed paying a member of staff a weeks SSP in the March payroll. I use Quickbooks Desktop. Is there someway of accounting for this in the 2019/2020 tax year. I haven't produced the P60's or done the final FPS yet. Many thanks	Sarah Antrobus	1	942	Tue Apr 14 15:14 2020 by Casu
	Confused about tax rebates (Preview) Hi everyone and I hope you are all well in body and mind. I have a Company where an employee had two jobs and therefore their tax code was low. She stopped one job during the tax year which meant she had paid too much tax. How do I reclaim the tax? Its quite a lot of money and they are keen to get it back asap espec...	Samilou67	3	1127	Wed Apr 8 16:33 2020 by Samilou67
	anyone using PAYE Basic Tools for furlough pay (Preview) can anyone help,I use PBT for one client and his one employee , week 51 furlough but paid full pay ie 80% plus 20% top up, week 52 paid 80%. How do I enter this in PBT? there is no place for furlough, or anything else even holiday pay. All is done on a separate payslip. My worry is that employer will not get hi...	Daisy	3	1414	Tue Apr 7 20:59 2020 by Daisy
	SUBMITTING VAT RETURNS - is this a no go? (Preview) Hi Everyone, hope your all staying safe & getting through this crazy time for us all. I have been trying to file one of my clients VAT returns (deadline today). usually do via ablewarton since bladdy MTD and was going fine (past 2 returns) however now its just error messages, plus on logging into H...	accountonus	7	1301	Tue Apr 7 08:01 2020 by accountonus
	Act NOW, RIGHT NOW, to re-instate workers to be able to access the furlough grant (Preview) Be warned - you will face complications if you try after 6 April!!!!!!	Cheshire	5	1228	Mon Apr 6 16:04 2020 by Cheshire
	Emailing payslips & GDPR (Preview) There were quite a few posts a year or two ago about this but I have always used a Payroll software that did this. I am now looking at a 12Pay which doesn't password the payslips. Would it be acceptable to give staff the option of un passworded payslips by email or paper ones by post and record their decsion...	Pete McD QS	1	973	Mon Apr 6 15:50 2020 by Cheshire
	Good news re MTD (Preview) This was probably out days ago, but just seen it, so apologies if its old news. MTD delayed a year! Soft landing extension I mean! Yey!!	Cheshire	2	995	Sun Apr 5 19:02 2020 by accountonus
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