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Reply to: VAT Return

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Previously on "VAT Return"

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  • MobileCheese
    replied
    Great thanks everyone

    Leave a comment:


  • Waldorf
    replied
    Originally posted by MobileCheese
    Just got my first, I registered for the flat rate scheme and have the certificate.

    As I have not recieved a VAT return before is there a different one for the flat rate and normal VAT schemes or is it the form ?. The return they sent me has VAT 100 in the bottom left hand corner and has 9 different boxes, is this the correct one for me to complete for the flat rate scheme ?

    Thanks And Happy New Year
    I've just done the same and I checked with my accountant (nixon's) and they confirmed the same form is used. The gross turnover is entered in box 6 (I think) on the Flat rate, the net turnover if you are on the normal vat

    Leave a comment:


  • Gonzo
    replied
    Originally posted by Sockpuppet
    Government Gateway and Vat Return online using bank transfer. Easiest way.
    Plus the money stays in the company bank account a few days longer - every little helps! Milan.
    Last edited by Gonzo; 5 January 2007, 23:38.

    Leave a comment:


  • Sockpuppet
    replied
    Originally posted by MobileCheese
    Just got my first, I registered for the flat rate scheme and have the certificate.

    As I have not recieved a VAT return before is there a different one for the flat rate and normal VAT schemes or is it the form ?. The return they sent me has VAT 100 in the bottom left hand corner and has 9 different boxes, is this the correct one for me to complete for the flat rate scheme ?

    Also sorry to sound stupied but it says if I pay by cheque I need to 'put a line through any spaces on the pay line and cross them "AC Payee Only". I understand the line through spaces bit but what is the "cross them AC Payee only" mean, never done that one a cheque before ?

    IR and HRMC always send me stuff on a bloody Friday so they give me the weekend to wonder about it, or I would ask my accountant.

    Thanks And Happy New Year
    Government Gateway and Vat Return online using bank transfer. Easiest way.

    Leave a comment:


  • Back In Business
    replied
    Originally posted by MobileCheese
    Also sorry to sound stupied but it says if I pay by cheque I need to 'put a line through any spaces on the pay line and cross them "AC Payee Only". I understand the line through spaces bit but what is the "cross them AC Payee only" mean, never done that one a cheque before ?
    You just draw 2 parallel lines across the cheque and write those words between them. This prevents the cheque being "cashed" because it needs to be paid into an account. Some banks pre-cross their cheques in this fashion.

    Leave a comment:


  • MobileCheese
    started a topic VAT Return

    VAT Return

    Just got my first, I registered for the flat rate scheme and have the certificate.

    As I have not recieved a VAT return before is there a different one for the flat rate and normal VAT schemes or is it the form ?. The return they sent me has VAT 100 in the bottom left hand corner and has 9 different boxes, is this the correct one for me to complete for the flat rate scheme ?

    Also sorry to sound stupied but it says if I pay by cheque I need to 'put a line through any spaces on the pay line and cross them "AC Payee Only". I understand the line through spaces bit but what is the "cross them AC Payee only" mean, never done that one a cheque before ?

    IR and HRMC always send me stuff on a bloody Friday so they give me the weekend to wonder about it, or I would ask my accountant.

    Thanks And Happy New Year
    Last edited by MobileCheese; 5 January 2007, 21:36.

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