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

BHB · BHB

Yet more information requested re this client who is for some reason VAT registered whilst a long way under the threshold. Managed today to finally get all her AA invoices/statements. Claiming back all the VAT on the lease car as HMRC site states that if a lease car is for the purposes of driving instr...

lor · lor

I sent of a form 64-8 to become an agent for one of my clients, how do you know when you have became an agent and able to complete their self assessment, do HMRC send you a letter to say that you are the agent or do you just go on line and enter the details as normal???? Sorry haven't been in this situation befor...

McSpurren · McSpurren

I have my 1st client who has asked me to do his tax return for a small cupcake business. Their turnover was around 600 for the year 08//09. Outgoings came to roughly 800. Do they still need to do a tx return with such small numbers and if so is there a different way from the huge tax return form as I am only able...

lor · lor

sorry if this is a stupid question, but I want to be clear on the matter: This time it's regards to myself, I am self employed and employed full time also, I am unsure about if I will be needing to pay the weekly nic stamp because when I first set up self employed I applied for the exempt certificate as I hadn'...

lor · lor

Hi all, would you claim Annual Investment Allowance for a laptop for the value of £650.00? this laptop is purely for business.

Sozzybobs · Sozzybobs

Can anyone tell me if there is a time limit on when you can reclaim VAT on purchases? Or do they have to be put through the business accounts in the VAT quarter in which they were bought?

Silly Digits · Silly Digits

Hi I have a self employed client who is a cooking show host. She has to recruit her own team, who would also be self employed themselves. When she meets up for the first time, usually in a cafe, she buys them a coffee/snack. Are these allowable for tax purposes eg recruitment expenses. Also, my client c...

AngelaWBS · AngelaWBS

Hello to you all. Just as a matter of interest, is anybody going to the conference next month.

Mr Topps · Mr Topps

Hello All, I have a client who has a cash rich business but for some reason they have/are stuggling to pay their Paye/Nic's I was wondering if anyone out there knows of any deferall techniques or any business link type help? Kind regards Mr Topps

Tampster · Tampster

I am a motor parts distributor. I supply motor parts parts to end users, via my Dealer network, who is franchised. Occasionally, a body repairer will recieve a car which is un-economical to repair. Lets say it will cost £5,000 to repair, but is only worth £4,800. I, as the parts supplier may decide...

LizB · LizB

Hi. I have just taken on a client that is on the VAT Flat Rate Scheme at 9.5%. I am getting myself in a right muddle trying to think through how to post his sales invoices (which will have VAT added at 15%) correctly into Sage, so that I can produce correct figures for his VAT Return each quarter, and show th...

lor · lor

If you were doing a 08/09 tax return for a s/e person, who was employed at the beginnig of the tax year then went on to self employed work a couple of months later. Would you deduct the tax paid from employment work against the s/e income tax???? but I take it you would only look at that tax year 08/09 and you...

lor · lor

I have a couple of qu's can anyone help, on the above form what do i put in the boxes labelled agent codes and client reference. The reason for this is that I have a new client and they would like me to tell hmrc about them starting to do self employed work, I have been told to fill out form 64-8 by hmrc......I a...

bookworm · bookworm

If my financial year ends on 30th April, so the year ended 30 04 08 is the basis of my 2008-2009 tax, can I only claim AIA on assets bought after 5th April 2008, ie bought from 6/4/08 to 30/04/08? That is my understanding but not too sure. Thanks

lor · lor

Hi All Please can you tell me, when you recieve the above does the effective date have to be the same date as the start date of self employment, or is a month gap between the 2 dates acceptable i.e. start date of self employment 1/09/09 and vat effective date 27/07/2009. thank u in advance -- Edited by lor o...

Silly Digits · Silly Digits

Getting myself totally confused about motoring costs. I have a new client, Ltd Co, VAT registered. 2 directors (husband & wife) Used to keep a record of mileage for old van and use the formula fuel purchased x bus. mileage divided by total mileage. Has since purchased a new van. 100% business us...

BHB · BHB

Hi, some input required, re a potential 1st client. My driving instructor is getting a divorce and previosly had her books done by her brother in law. Now divorcing so he's not wanting to do them for her. He hasn't done them regularly this year and she couldn't tell her solicitor what her income is so...

lor · lor

Hi All How long is it before HMRC send through a vat refund for a VAT Return?

Andy Davies · Andy Davies

If someone has a tax allowance for business mileage i.e. they claimed a large amount of business mileage each year, so their tax code is alterred to reflect this, what happens if they do not claim as many business miles to equate to the allowance in a tax year? I assume they will be liable for a bill? My p...

Julie · Julie

Hi All, Could someone clarify what you can reclaim vat on prior to registration. I know that you can reclaim fixed asset purchase upto 3 years prior, would this include things such as motor repairs if the vehcile is still owned by the business ? Any pointers would be really helpful Julie

Topic		Started By	Replies	Views	Last Post
	Self Employed Driving Instructor - VAT Registered!!!!!!!! (Preview) Yet more information requested re this client who is for some reason VAT registered whilst a long way under the threshold. Managed today to finally get all her AA invoices/statements. Claiming back all the VAT on the lease car as HMRC site states that if a lease car is for the purposes of driving instr...	BHB	8	8243	Sat Oct 31 14:56 2009 by lor
	Form 64-8 again (Preview) I sent of a form 64-8 to become an agent for one of my clients, how do you know when you have became an agent and able to complete their self assessment, do HMRC send you a letter to say that you are the agent or do you just go on line and enter the details as normal???? Sorry haven't been in this situation befor...	lor	5	3075	Thu Oct 29 12:45 2009 by lor
	Client with very small turnover - Tax Return? (Preview) I have my 1st client who has asked me to do his tax return for a small cupcake business. Their turnover was around 600 for the year 08//09. Outgoings came to roughly 800. Do they still need to do a tx return with such small numbers and if so is there a different way from the huge tax return form as I am only able...	McSpurren	4	4220	Wed Oct 28 09:13 2009 by Wella
	nic payments for self employed (Preview) sorry if this is a stupid question, but I want to be clear on the matter: This time it's regards to myself, I am self employed and employed full time also, I am unsure about if I will be needing to pay the weekly nic stamp because when I first set up self employed I applied for the exempt certificate as I hadn'...	lor	15	6972	Tue Oct 27 13:05 2009 by BackOfficeGroup
	AIA on laptop (Preview) Hi all, would you claim Annual Investment Allowance for a laptop for the value of £650.00? this laptop is purely for business.	lor	2	2483	Tue Oct 27 12:14 2009 by lor
	Reclaiming VAT (Preview) Can anyone tell me if there is a time limit on when you can reclaim VAT on purchases? Or do they have to be put through the business accounts in the VAT quarter in which they were bought?	Sozzybobs	4	4603	Mon Oct 26 23:23 2009 by BHB
	Recruitment costs/incentive trips (Preview) Hi I have a self employed client who is a cooking show host. She has to recruit her own team, who would also be self employed themselves. When she meets up for the first time, usually in a cafe, she buys them a coffee/snack. Are these allowable for tax purposes eg recruitment expenses. Also, my client c...	Silly Digits	8	2798	Fri Oct 23 20:36 2009 by lor
	ICB National Conference (Preview) Hello to you all. Just as a matter of interest, is anybody going to the conference next month.	AngelaWBS	0	1805	Thu Oct 22 09:13 2009 by AngelaWBS
	Client Struggling to pay PAYE/NIC (Preview) Hello All, I have a client who has a cash rich business but for some reason they have/are stuggling to pay their Paye/Nic's I was wondering if anyone out there knows of any deferall techniques or any business link type help? Kind regards Mr Topps	Mr Topps	1	2238	Tue Oct 20 10:34 2009 by farmergiles
	VAT Claimable? (Preview) I am a motor parts distributor. I supply motor parts parts to end users, via my Dealer network, who is franchised. Occasionally, a body repairer will recieve a car which is un-economical to repair. Lets say it will cost £5,000 to repair, but is only worth £4,800. I, as the parts supplier may decide...	Tampster	1	2766	Mon Oct 19 21:19 2009 by Tombombadil
	Posting VAT on Flat Rate Scheme - Help?! (Preview) Hi. I have just taken on a client that is on the VAT Flat Rate Scheme at 9.5%. I am getting myself in a right muddle trying to think through how to post his sales invoices (which will have VAT added at 15%) correctly into Sage, so that I can produce correct figures for his VAT Return each quarter, and show th...	LizB	1	2585	Sun Oct 18 12:07 2009 by Davey
	employed income and self employed income (Preview) If you were doing a 08/09 tax return for a s/e person, who was employed at the beginnig of the tax year then went on to self employed work a couple of months later. Would you deduct the tax paid from employment work against the s/e income tax???? but I take it you would only look at that tax year 08/09 and you...	lor	6	2093	Fri Oct 16 12:27 2009 by lor
	form 64-8 (Preview) I have a couple of qu's can anyone help, on the above form what do i put in the boxes labelled agent codes and client reference. The reason for this is that I have a new client and they would like me to tell hmrc about them starting to do self employed work, I have been told to fill out form 64-8 by hmrc......I a...	lor	13	8501	Mon Oct 12 17:34 2009 by lor
	Annual Investment Allowance (Preview) If my financial year ends on 30th April, so the year ended 30 04 08 is the basis of my 2008-2009 tax, can I only claim AIA on assets bought after 5th April 2008, ie bought from 6/4/08 to 30/04/08? That is my understanding but not too sure. Thanks	bookworm	1	1851	Mon Oct 12 16:50 2009 by Dustin57
	certificate of registration for VAT (Preview) Hi All Please can you tell me, when you recieve the above does the effective date have to be the same date as the start date of self employment, or is a month gap between the 2 dates acceptable i.e. start date of self employment 1/09/09 and vat effective date 27/07/2009. thank u in advance -- Edited by lor o...	lor	6	2423	Sat Oct 3 12:24 2009 by lor
	Motoring costs for a Limited Co. (Preview) Getting myself totally confused about motoring costs. I have a new client, Ltd Co, VAT registered. 2 directors (husband & wife) Used to keep a record of mileage for old van and use the formula fuel purchased x bus. mileage divided by total mileage. Has since purchased a new van. 100% business us...	Silly Digits	5	2485	Tue Sep 29 21:28 2009 by lor
	1st Client - VAT Return (Preview) Hi, some input required, re a potential 1st client. My driving instructor is getting a divorce and previosly had her books done by her brother in law. Now divorcing so he's not wanting to do them for her. He hasn't done them regularly this year and she couldn't tell her solicitor what her income is so...	BHB	5	4900	Mon Sep 28 12:25 2009 by lor
	vat refunds (Preview) Hi All How long is it before HMRC send through a vat refund for a VAT Return?	lor	2	2247	Sun Sep 27 12:11 2009 by lor
	Business mileage tax allowance (Preview) If someone has a tax allowance for business mileage i.e. they claimed a large amount of business mileage each year, so their tax code is alterred to reflect this, what happens if they do not claim as many business miles to equate to the allowance in a tax year? I assume they will be liable for a bill? My p...	Andy Davies	1	1804	Tue Sep 22 17:11 2009 by Davey
	Fixed Assets - VAT Registration (Preview) Hi All, Could someone clarify what you can reclaim vat on prior to registration. I know that you can reclaim fixed asset purchase upto 3 years prior, would this include things such as motor repairs if the vehcile is still owned by the business ? Any pointers would be really helpful Julie	Julie	2	3687	Tue Sep 15 17:17 2009 by Julie
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