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Showing posts from January, 2017

VAT RETURN

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Content Define Registration info Submit detail Final return REVENUE QUERY VAT REGISTRATION Preparing and filing VAT return Professional advice/de-registration Define: A VAT returns shows how much VAT is due on sales (output VAT) and how much VAT can be regenerate on purchase (input VAT) manage how much is paid or regenerate from HM Revenue and Customs ( HRMC ) for a given period. REGISTRATION INFO/form detail: Any company that has a departure of the current threshold of £77k will need to contact HM Revenue and Customs (HMRC) with the view to be VAT registered and complete a VAT return and file online with HM Revenue and Customs (HMRC). Registration a company or individual for VAT requires the completion of a registration application form for an individual, partnership or unincorporated body (Form TR1) OR for a company (Form TR2). Submit your Return: You submit your VAT online unless: You can’t because of your age, a disability or because of where you