VAT return Flat Rate Filling in the boxes

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Ivor1 replied

14 February 2007, 10:33
Back Date Tax MSC

posted in error
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XLMonkey replied

13 February 2007, 20:49
Its another fabulously unhelpful form from our friends at the revenue.

If you are flat rate registered then you INCLUDE VAT (at 17.5%) when calculating your total output sales for box 6.

Then you apply the flat rate to this total figure when calculating how much VAT you pay.
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PAG replied

13 February 2007, 12:11
insert the total value of all your invoices (gross) for that quarter and round it to the nearest pound.
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Ivor1 replied

12 February 2007, 19:35
Originally posted by Ivor1

Hi,

Just filling in my vat return based on flat rate.

Bit confused as I was told that in box 6, I need to put the figure in of my total revenue 'INCLUDING VAT'. However the text next to box 6 states 'Total value of sale and all other outputs EXCLUDING vat'.

Anyone clarify ?

Answer yes it is the right figure the one inclusive of VAT
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Ivor1 started a topic VAT return Flat Rate Filling in the boxes

12 February 2007, 19:25
VAT return Flat Rate Filling in the boxes

Hi,

Just filling in my vat return based on flat rate.

Bit confused as I was told that in box 6, I need to put the figure in of my total revenue 'INCLUDING VAT'. However the text next to box 6 states 'Total value of sale and all other outputs EXCLUDING vat'.

Anyone clarify ?
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