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Search found 2 matches

by saramenich
23 Jan 2012, 16:58
Forum: Sage 50 UK version General Help
Topic: VAT error
Replies: 1
Views: 1619

VAT error

Hi,
I had a visit from HMRC a month ago and it turned out that I should not have reclaimed for some purchase invoices in 2011 (previous financial year for my company, so not possible to correct through maintenance).

I have to submit a quarterly return in February and I'm supposed to pay back £250 ...
by saramenich
05 Feb 2011, 18:57
Forum: Sage 50 UK version General Help
Topic: vat return
Replies: 1
Views: 1374

vat return

I have to do my vat return. I have clicked on the Vat icon and clicked on calculate. In the "Vat reclaimed in this period on purchases" box I get 0, even though purchases have always been posted with the correct tax code. I checked the audit trail and purchases do show the vat value. Help!!