VAT RETURNS FOR QUARTER END 31 JULY 2017 DUE DATE

[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.0.69″ background_layout=”light” text_orientation=”justified” border_style=”solid”] VAT returns for the Quarter End 31 July 2017 are due for online filing by 7th September 2017, along with any payment due to HMRC, if you pay online. HMRCs bank details for your VAT payment are: Account name: HMRC VAT Account number: 11963155 Sort Code: 08 32 00 Don’t (more…)

VAT Return Dates 2019 & Payment Deadlines

Even though Making Tax Digital changed how VAT registered businesses submit their VAT returns, it has not affected the VAT Return Dates for 2019 and payment deadlines. Here’s an overview of all the dates and deadlines you need to know about, whether you submit quarterly VAT returns, monthly or annually. VAT Return Dates 2019 VAT (more…)

VAT Returns For Quarter End 30 June 2017 Due Date

VAT returns for the Quarter End 30 June 2017 are due for online filing by 7th August 2017, along with any payment due to HMRC if you pay online. HMRCs bank details for your VAT payment are: Account name: HMRC VAT Account number: 11963155 Sort Code: 08 32 00 Don’t forget to use your VAT Registration (more…)

What is VAT?

Value Added Tax (known as ‘VAT’) put simply a tax added to the price most goods and services.  The most common rate of VAT used is 20%, but there are reduced rates and some goods which are exempt from adding VAT. If you are shopping online or in store VAT is generally pretty invisible.  The (more…)

VAT on Inter Company Charges

VAT on inter company charges can be confusing. But it is fairly common for two or more businesses to operate alongside each other and share costs such as wages, rent and office costs. In the event of an inspection the VAT inspector will check inter company charges carefully so it is important to raise all (more…)

5 Reasons to Find An Accountant to Do Your VAT

Perhaps you’re a new business owner or maybe you have been doing your own VAT but now feel like it could be time to find an accountant to take it over from you.  The added expense of an accountant may concern you, but here are five good reasons why you should consider finding an accountant to help: 1.  You’re (more…)

Can you claim back the VAT on a Staff Christmas Party?

You will be pleased to hear that the Taxman does allow you to claim back the VAT on a Staff Party! The VAT man defines Staff or Employees for this purpose and within the definition excludes partners or former employees.  So you may need to apportion the amount of VAT you claim back. And for (more…)