VAT returns

Tax › VAT returns. For businesses registered for VAT in the UK.

The first time, select Connect to HMRC and sign in with your HMRC Government Gateway details to give VexLedger permission to work with your VAT account. If the permission has expired the screen shows Authorisation expired. Select Reconnect.

Select Sync obligations. VexLedger asks HMRC which returns are due and lists each one with its period, due date and status: open, draft or filed.

1. On an open obligation, select Calculate return.
2. VexLedger works out the nine VAT boxes from your posted invoices, bills and credit notes, and shows how many tax items each figure is built from.
3. Select View to read the return. If you post more transactions, select Recalculate.

The boxes are the standard VAT return boxes: VAT due on sales, VAT due on acquisitions, total VAT due, VAT reclaimed, the net VAT to pay or reclaim, and the four sales and purchases totals.

1. Check the figures, and look at the transactions behind any that surprise you.
2. Tick the declaration: I confirm that the information I am submitting is true and complete. A false declaration can result in prosecution.
3. Select File this return with HMRC.

You can file if your role lets you. If Calculate return or the file button is missing, ask an owner, admin or accountant.