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Feckity feck - Missed two VAT returns

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    #21
    Originally posted by shaunbhoy View Post
    TWO Vat Returns? Well they say the memory is the first thing to go......................or do they.....can't really remember!!

    I have more than one VAT registered business.

    It's actually the shop one I forgot to do. I closed in April, did one in May, spent ages putting together my contracting accounts, shop accounts, web business accounts and self assessment and then forgot I've got a dozen transactions for the next quarter I needed to do a return for.

    I do all my receipts for Subway every month and issue one cheque. Easy.
    What happens in General, stays in General.
    You know what they say about assumptions!

    Comment


      #22
      Originally posted by xoggoth View Post
      How can an IT bloke be so disorganised MF? All one needs is an Excel sheet with all the dates on and a few formula to highlight what's due.
      Is to sign up the automated email reminders and set up a direct debit for payment.
      "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

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        #23
        Originally posted by MarillionFan View Post
        Hah! Feck 'em.

        "Third default in a surcharge period
        5% (unless it is less than £400, in which case you won't be charged a surcharge at this rate)
        12 months from the date of the most recent default

        "

        VAT is only £380 on that particular company for that quarter.

        Kiss my Hector.

        £380 ? What are you selling - tap washers?

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          #24
          Originally posted by MarillionFan View Post
          Hah! Feck 'em.

          "Third default in a surcharge period
          5% (unless it is less than £400, in which case you won't be charged a surcharge at this rate)
          12 months from the date of the most recent default

          "

          VAT is only £380 on that particular company for that quarter.

          Kiss my Hector.
          GODDAMN!!!!!!!!!!!!!!!! JUst done the return. The expenses all went through in the next quarter and it's pushed my VAT over a £1000 and a fine!!!!

          What happens in General, stays in General.
          You know what they say about assumptions!

          Comment


            #25
            Originally posted by minsky1 View Post
            £380 ? What are you selling - tap washers?
            This top selling product this summer was sledges unsold from winter.

            Comment


              #26
              Originally posted by AtW View Post
              This top selling product this summer was sledges unsold from winter.
              VAT return was for the shop for Apr-May-June. The shop closed a week into April which was 7k in sales for the final week.

              I wager if it snows this Winter I turnover more in sledges for the same period than you invoice at SKA.
              What happens in General, stays in General.
              You know what they say about assumptions!

              Comment


                #27
                Originally posted by MarillionFan View Post
                I wager if it snows this Winter I turnover more in sledges for the same period than you invoice at SKA.
                What's your wager?

                Comment


                  #28
                  Originally posted by AtW View Post
                  What's your wager?
                  Dinner in a restaurant of the winners choice. (Excludes flights).

                  Wager occurs only if it snows.

                  (Oh and when I said sledges, I meant sledges, snow shovels and wedge wellies).
                  What happens in General, stays in General.
                  You know what they say about assumptions!

                  Comment


                    #29
                    Originally posted by MarillionFan View Post
                    Dinner in a restaurant of the winners choice
                    That's pathetic wager.

                    Double the difference in sales would have been mildly interesting.

                    Comment


                      #30
                      Originally posted by AtW View Post
                      That's pathetic wager.

                      Double the difference in sales would have been mildly interesting.
                      You couldn't afford it.

                      If I beat you by £100, you'd be out on the streets.

                      You can choose a SpudULike if you want? I can afford it.
                      What happens in General, stays in General.
                      You know what they say about assumptions!

                      Comment

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