VAT

Any help appreciated

Hi,Iam filing tax return for March 2019, but in the statement it is showing adjustments of Jan and Feb 2018 input tax how do I track down this transaction to get exact amount for only March 2019 tax?

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i have to change my hmrc access number how do i do it?

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I overpaid VAT and they refunded me. How do I record that? Thanks

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VAT de-registration in QBO

I made a payment of approx. £7K to HMRC in Feb 2019. I joined QBO in March.When QB uploaded my bank transactions, I had to log the £7K payment as an uncategorised expense rather than a VAT payment as QB had no invoices to match that VAT payment to.That £7K is now throwing out my P&L etc.Is there a way that I can create journal entries to correctly account for that £7K payment? Could I create entries to the VAT control or suspense accounts?ThanksIan

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Hi I run a wedding venue in the UK.When a bride and groom book a wedding, they pay a deposit to secure the date, which I record through a sales receipt recording 20% VAT on the payment Cancellations are not uncommon in the wedding industry. If cancelled shortly after making the booking, I will often refund 50% of the deposit (including VAT) paid using a Refund Receipt. On cancellation, the balance of the deposit is deemed forfeited and output VAT is no longer payable (as the sum is deemed to be compensation - not VATable).My question is how to record that adjustment in Quickbooks. My output VAT liability should reduce by the amount of VAT charged on 50% of the deposit. At the same time, the forfeited sum remains taxable as income, so my income should increase by the amount I reduce my VAT liability.I can't work out how to record this adjustment, so any guidance would be very much appreciated.Thank you!

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I made a pension contribution from my company to a personal pension as an Employer Contribution and recorder this as a bank payment to the Pension code in Payroll with the VAT code as Exempt. When I run my VAT return this shows as an additional purchase expense. Is that correct? 

Hi,We recently upgraded to QB 2019 Premier Accountant 2019 from 2003.Every financial year we create a new company file to store transactions for that particular year.The Issue I am having is generating VAT Summary Reports. We started trading on 02/01/2019.when I want to see my VAT Summary Report for a particular day, for some reason it shows as acumulative from the day we started trading. I have attached pictures to show the issue I am having.for example when I just want to see for 03/01/2019, the figures that it gives me are the same as if Iput the dates from 02/01/2019 to 03/01/2019.Any help would be much appreciated. Also if some one can provide the contactinformation for the UK department i.e email address as I am a small business basedin Kenya and calling them via phone is a bit costly 

We have received a cash R&D tax credit from HMRC, which we claimed this year back from the two previous tax years.  How should that transaction be added? Should there be a new account created for it in Chart of Accounts? 

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We are a UK business purchasing the services of another UK business. We pay a few subcontractors for work the do fairly regularly lately. They are categorised as CIS sub-cost of sales. I am unsure whether this would be 20% ECG or 20%S. Can anyone provide more clarity?

I have already entered all purchases as well as sales,but at the TAX it shows the VAT on sales only.It doesn't show the purchases VAT amount in there.so what can i do for that.........?