poor OP, comes on here looking for free software to save £10/month and will end up owing about 5 grand in VAT
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Making Tax Digital
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Originally posted by Alchemy Accountancy View PostCorrect - assuming that by VAT receipts, you mean the total amount of VAT on the receipt and not the total amount from the receipt.
In most cases you are better off not using the FRS past year 1 (where you get a discount) when you fall into the limited cost trader category.Cenedl heb iaith, cenedl heb galonComment
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Originally posted by pr1 View Postpoor OP, comes on here looking for free software to save £10/month and will end up owing about 5 grand in VAT'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Bluebird View PostI'll need to work it out first - but yes there will be a re-payment.
I keep all receipts anyway.
Do I need to advise HMRC I'm leaving the FRS, or just account differently?
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Originally posted by northernladuk View PostLOL... Booked marked this one for next time some chump comes on and asks why they need an accountant.See You Next TuesdayComment
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So has anyone used the cheaper software packages yet ? I'm looking for a no frills cheap option for VAT returns as it looks likely I'll be required to do that from April.
I've seen a few of the websites but none of them easily explain what the mechanics are. What do you need to enter into the software, what does the software link to ? Excel where I record everything ?Comment
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Originally posted by seeourbee View PostSo has anyone used the cheaper software packages yet ? I'm looking for a no frills cheap option for VAT returns as it looks likely I'll be required to do that from April.
I've seen a few of the websites but none of them easily explain what the mechanics are. What do you need to enter into the software, what does the software link to ? Excel where I record everything ?'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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I'm open to sensible limits, I know I can't avoid it. I'll have to look at Freeagent it sounds like, thanksComment
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Originally posted by seeourbee View PostI'm open to sensible limits, I know I can't avoid it. I'll have to look at Freeagent it sounds like, thanks'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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