VAT
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When I click on Taxes-VAT I can see for a second last period VAT figures , badge Connected to MTD and then everything disappears and error message pops up: "Something’s not working. Give us a few minutes and try again. If it still doesn’t work, call us so we can take a closer look." The same issue has my accountant on different computer. Tried all standard advices like Clear cache, run QB on few different browsers, on Incognito mode- everywhere the same. One week left till VAT return deadline and no fix from QB support. They blamed HMRC but the same issue happens if I disconnect from MTD.Taxes- Income tax works correctly.Anybody had this issue?
How do I set up a company in QB Online that is not VAT Registered as it is a Charity?
HiA lot of my customers deduct expenses from their payments to me. I can easily account for these deductions in my invoices or from sales receipts but when I prepare my VAT returns, the VAT 100 report allocates these deductions to my Output tax section and not the Input Tax section. How do I resolve this anomaly.Many thanksIan
When doing your self assessment, it can be daunting to ensure that you're getting everything right! We've set up this space so that you can ask all of your self assessment questions and an expert will help you with an answer.If you have any other questions that isn't specifically to do with self assessment, you can ask that here too! Just pop your questions below and we'll help you with an answer!
Does any one please have some advise on how to VAT code a sales invoice for commission only to a EU company. We are VAT registered in the UK but the company in the EU is not VAT registered
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My question is regarding the VAT code to use for purchases of standard rated goods from the EC (we are in GB, not NI). The Quickbooks guide to VAT codes says that you should use 20% ECG which reports into boxes 2, 4, 7, 9, but our accountant says that these transactions should only appear in boxes 1 and 7 (box 2 is now only for VAT on "acquisitions of goods made in NI from EU Member States". But there is no VAT code in Quickbooks (that I can find) which reports just to boxes 1 and 7.
When filing VAT, it can take up to 10 minutes for QB (Online) to load historical VAT filing reports going back to 2017. Is there a way I can load only the most recent reports?
Hi i own a salon and keep a spreadsheet with how much money is lifted everyday. can i import the spreadsheet for all my income for each quarter
I need to submit a Company Tax return and assumed that the Quickbooks software would handle it. I'm loathe to move to another software company if this issue will be resolved this calendar year.
Why do some of my accounts show different figures in Bank Balance to in QuickBooks in the account tab?What does "In Quickbooks" mean?
Our invoices include VAT but on the transactions page it states no VAT. Why? Will this affect our VAT return if I match the transaction?
When I use the adjust bucket button in the box, all it does is add the new figure onto the old figure. Thanks
I have created VAT codes on QBO, as the client has moved over from Desktop, however all is correctly created and I can find no faults. However, the VAT codes that were used (that were created) do not appear on the VAT report. How can I get it to appear on the report as it is quite alot of transactions and changing it one for one won't work.
hI, I HAVE RUN MY VAT REPORT AND THE FIGURE IS APPROX 2.5K WRONG. wHEN I HAVE RUN THE SUMMARY REPORT THESE WERE OLD TRANSACTIONS THAT NEVER TOOK PLACE AND HAVE BEEN DELETED. BUT THERE SHOWING ON THE vat RETURN. HOW DO I REMOVE THESE PLEASE
Hi all.....I'm new!I manage a marina. I pay for utilities (inc vat) and then I charge my customers for the electricity they use (inc vat). Straight forward so far.I also deal with the local council which reimburses me for my utility costs for the marina. Should this figure be inc or ex vat to the council?Many thanks in advance.Jen.
Greetings! Suppose I mistakenly added the VAT rate as 20% to a bill. But now, I have already submitted the VAT return for the period that the bill belongs to. The correct VAT rate is "No VAT". I correct the bill by adding the VAT rate as No VAT. Is the impact of this change automatically adjusting to the current VAT return, or should I manually add a VAT adjustment? I appreciate any help you can provide.
As an accountant how we can view the VAT due for all our clients at one place , Like Xero have this feature available on accountants view ( Xero HQ )
I had filed VAT for my company. I discovered i had done some mistakes and therefore i had to reopen these periods to make corrections. I have now done the corrections and i need to file for VAT again. How can i proceed since there is no option available that allows me to proceed and file
