Should my purchase figures migrate automatically on to my VAT return

Support
1

Should my purchase figures migrate automatically on to my VAT return. I only have purchases to claim back on my VAT return. I have entered all purchases but when create my VAT return it is blank.

2

what is your vat return basis? Cash or accrual? plus what is the starting date on vat return setting?

3

Hello @Donna1

I replied to your support ticket.

4

Hi Steve

I saw that thank you.

My payment dates ares now showing in this VAT period and are still showing on Oct-Dec .

I really am so sorry to be a pain. I just can’t figure it out.

5

Please talk to me Steve! If you have a look you will see that my dates have now been changed

6

QuickFile should pick up all purchases (if you’re on accrual accounting) or purchase payments (if you’re on cash accounting) that are

  • dated on or after your configured “vat start date”, if any, and
  • dated on or before the end of the quarter you’re filing, and
  • not already locked by a previous return

The exception is if you’re on the flat rate scheme, in which case you are not normally eligible to reclaim VAT on purchases at all, with the exception of single large capital expenses over £2000.

The most likely stumbling points are if you’re on cash accounting and the purchases are not paid (or not paid in the right period), or if you’ve ticked the flat rate option by mistake

8

This topic was automatically closed after 7 days. New replies are no longer allowed.