VAT date ranges

danash

Registered User
Messages
136
Hi,

I am just a few months into a new business and am VAT registered and ROS registered. I am a bit behind in my admin and need to submit VAT returns.

Can I close out the two outstanding returns on my ROS file with nil returns and then include VAT invoices from those dates in a later return ?

I have no sales VAT yet...only purchase VAT so there is no tax due....only refunds to me.
 
If you have supplies to other EU counties then your returns are not NIL.

Summarise up your purchases for the period and reclaim the VAT.

Fill in the value of services supplied to other EU countries.

Do you have to do VIES Returns?
 
While this position is quite common, for a small entity on a net fund basis, the risk of an audit is a tad higher than if you weren't so have everything squeaky ++
I would file them now if possible as there may be a clause somewhere that says if you file a refund late you don't get it :)
 
If you have supplies to other EU counties then your returns are not NIL.

Summarise up your purchases for the period and reclaim the VAT.

Fill in the value of services supplied to other EU countries.

Do you have to do VIES Returns?



Hi....I understood I use the 'reverse charge' statement on my outbound invoices ? Do I need to report it as a sale with no VAt or just ignore it ?

Am new to this....
 
While this position is quite common, for a small entity on a net fund basis, the risk of an audit is a tad higher than if you weren't so have everything squeaky ++
I would file them now if possible as there may be a clause somewhere that says if you file a refund late you don't get it :)


I am very careful.....do not want to attract an audit. I just have PC purchase home office set up equipment etc.
 
You just can't not book it as, apart from anything else, they need the statistics.

have you read this
http://www.revenue.ie/en/tax/vat/guide/supply-of-services.html
re the VIES returns


This is my scenario


upload_2015-8-3_17-0-22.png



I put my consulting fee in the sales box but show no VAT charged....then deduct the purchase VAT to become a net recipient.

I wasn't aware of the VIES but am now !

I am due to take this to my accountant soon but wanted to just clear out the two outstanding VAT returns.....
 
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