Re: [GNC] UK VAT and "Making Tax Digital"

On Wednesday, 1 May 2019 01:14:34 BST Christopher Lam wrote: > > Sorry for long answer, hope is informative. If you have a better strategy > > to offer, to account for your Asset:Bank -> Asset:CapitalAssets + > > VAT:Paid-on-Purchases use cases, I'm all ears! Meanwhile the short > > workaround abo

Re: [GNC] UK VAT and "Making Tax Digital"

Maf The ATO portal last time I used it a couple of years ago is a copy of physical form (which also has PAYG income tax payments added to it which I have attached). BUS25195Nat4190s.pdf I no longer have a business registe

Re: [GNC] UK VAT and "Making Tax Digital"

On Wednesday, 1 May 2019 01:14:34 BST you wrote: > Oops realised that recording the capital purchase as expense then > immediately create a kludge txn from expense to capital-asset won't work: > it would be classed as a 'refund'. I have no other workaround. > > Just wondering what exactly are the

Re: [GNC] UK VAT and "Making Tax Digital"

How would HRMC know if you cut and pasted the data or not? I haven't looked at this in some time, but if a CSV file works for the report, how would they know that a submission isn't just a .csv or .xml file that was copied and pasted manually from another program? I vaguely remembered the website

Re: [GNC] UK VAT and "Making Tax Digital"

Oops realised that recording the capital purchase as expense then immediately create a kludge txn from expense to capital-asset won't work: it would be classed as a 'refund'. I have no other workaround. Just wondering what exactly are the parameters for your reports? On Tue, 30 Apr 2019 at 15:08,

Re: [GNC] UK VAT and "Making Tax Digital"

Hello All, since the General GST/VAT report is discussed I just wanted to add that in the German VAT forms normal purchases aren’t filled in, only the deductible input VAT thereof. For acconting of it for tax purposes an asset account is used for cash based accounting. The only time purchases ar

Re: [GNC] UK VAT and "Making Tax Digital"

Hi Maf I agree your asset purchases are not going to be accounted for in the current iteration. This was not thought of during the design. A short workable answer is to record this asset purchase as an expense, and immediately create an expense->asset transaction which will satisfy your VAT requi

Re: [GNC] UK VAT and "Making Tax Digital"

Hi Christopher. Finally got round to completing my final quarter VAT return with the manual error-prone process of typing 7 numbers into boxes on the HMRC website. I'm now trying to make the Income & GST report give me sensible numbers that match my existing saved transaction reports and strugg

Re: [GNC] UK VAT and "Making Tax Digital"

On Thursday, 11 April 2019 04:48:31 BST Christopher Lam wrote: > 3.5 is out and I promised to offer CSV output. Has anyone confirmed the > exact CSV (or JSON) format desired by their *bridging* software? > > Please be aware that direct communication to HMRC is best done by bridging > software out

Re: [GNC] UK VAT and "Making Tax Digital"

operability on all kinds of >>levels. >>Peter >>Sent from my mobile. Please forgive shortness, typos and weird >>autocorrects. >> >> Original Message >>Subject: Re: [GNC] UK VAT and "Making Tax Digital" >>

Re: [GNC] UK VAT and "Making Tax Digital"

On Mon, Feb 18, 2019 at 09:43:35PM +, Peter von Kaehne wrote: > I would gladly be involved and contribute where I can. I will also volunteer to help ... I suspect that the main work will be in producing some bridgeing software. I had a look at the specs and did not get much in the way of und

Re: [GNC] UK VAT and "Making Tax Digital"

Chris, I am taking a closer look at the ATO's direct lodgement API which is a common business reporting protocol across a number of government agencies as well as the tax office. At the moment in Australia individuals and sole traders cannot directly upload their data except through a registered T

Re: [GNC] UK VAT and "Making Tax Digital"

er? > > Sent from my mobile. Please forgive shortness, typos and weird > autocorrects. > > > Original Message -------- > Subject: Re: [GNC] UK VAT and "Making Tax Digital" > From: Christopher Lam > To: ref...@gmx.net > CC: "Maf. King" ,G

Re: [GNC] UK VAT and "Making Tax Digital"

autocorrects. Original Message Subject: Re: [GNC] UK VAT and "Making Tax Digital" From: Christopher Lam To: ref...@gmx.net CC: "Maf. King" ,GnuCash users group To all interested in beta-testing CSV export, for now I think it's safest t

Re: [GNC] UK VAT and "Making Tax Digital"

r member here on the list that I (or >others) want something UK specific. >This would also improve in general interoperability on all kinds of >levels. >Peter >Sent from my mobile. Please forgive shortness, typos and weird >autocorrects. > > -------- Original

Re: [GNC] UK VAT and "Making Tax Digital"

. As the UK generally shows the world the way, we may as well sort a solution because every mother’s son will soon be asking for it. If I knew my bits from my bytes I would offer to help but I don’t. I am becoming Mr Angry over this. My tiny wine export (to UK) company simply does not turn

Re: [GNC] UK VAT and "Making Tax Digital"

On Tuesday, 19 February 2019 12:25:30 GMT Maf. King wrote: > automatically drop CSV files on a > user's disk is such a so smart! > That's what happens when the phone rings... gibberish out. started off as "...user's disk is such a good idea" and got half-edited towards "...user's disk is so s

Re: [GNC] UK VAT and "Making Tax Digital"

On Tuesday, 19 February 2019 11:41:12 GMT ref...@gmx.net wrote: > I am struggling to.understand at the moment the reporting language, which I > understand is a lisp variant. But what I can see from reading the > transaction report's source files, is that all logic is very nicely > compartmentalized

Re: [GNC] UK VAT and "Making Tax Digital"

neral interoperability on all kinds of levels. Peter Sent from my mobile. Please forgive shortness, typos and weird autocorrects. Original Message Subject: Re: [GNC] UK VAT and "Making Tax Digital" From: "Maf. King" To: gnucash-user@gnucash.org

Re: [GNC] UK VAT and "Making Tax Digital"

On Sunday, 17 February 2019 12:23:39 GMT Maf. King wrote: > On Sunday, 17 February 2019 11:57:58 GMT Christopher Lam wrote: > > I can amend Income-GST-statement, which is tailor-made for periodic > > GST/VAT returns, to output CSV or XML. But so far there's little demand > > nor willing beta-tester

Re: [GNC] UK VAT and "Making Tax Digital"

On Sun, 2019-02-17 at 07:48 -0500, Michael or Penny Novack wrote: > > I mean, why should YOURS have some special place in the line. I do not think I asked for any special place in any line, I asked if there was something already in the line. But that aside - the more I consider the lot - and t

Re: [GNC] UK VAT and "Making Tax Digital"

On 2/16/2019 4:18 PM, Peter von Kaehne wrote: The main obstacle I can see for us right now is we have as far as I can tell no way to file Tax returns from inside the programme. Is there anything you have in the pipeline? We can hardly be the first or only who will have a problem... As others h

Re: [GNC] UK VAT and "Making Tax Digital"

On Sunday, 17 February 2019 11:57:58 GMT Christopher Lam wrote: > > I can amend Income-GST-statement, which is tailor-made for periodic > GST/VAT returns, to output CSV or XML. But so far there's little demand > nor willing beta-testers. > *Raises Hand in the Air* I'll volunteer to test. With

Re: [GNC] UK VAT and "Making Tax Digital"

Hi Christopher, Tanks for alerting me to the GST report I've been wondering about MTD too. AIUI I'm OK for my return due in April, but I need to have something in place for the end of July. My plan was to eventually select some bridging software, and feed it with numbers from my existing save

Re: [GNC] UK VAT and "Making Tax Digital"

Hi David and Peter, Just a couple minor amendments On 17/2/19 5:23 pm, David Cousens wrote: The paragraph following that on Digital Links is also instructive in that cut and paste is not permitted. Since CSV and or XML links are valid i.e. export of an XML or CSV file with the required data fr

Re: [GNC] UK VAT and "Making Tax Digital"

Peter According to the website there is no requirement that all of the functions can be done from inside a single program. E.g. https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat#para-3-2 "HMRC expects that there wi

[GNC] UK VAT and "Making Tax Digital"

Hi, We are using Gnucash very gratefully for now over a decade in our small business. We are VAT registered. The UK government has declared it requires from this year onwards VAT businesses to go towards a complete digital solution with their tax under new law called "Making Tax Digital". All tax

Re: [GNC] UK VAT and "Making Tax Digital"

Hi Peter, May I ask what are you currently using to generate the VAT reports? Are you using the Income&GST statement? Do you intend to use bridging software? If so the GST report could be upgraded to use them. On Sun., 17 Feb. 2019, 05:55 Peter von Kaehne Hi, > > We are using Gnucash very grate

[GNC] UK VAT and "Making Tax Digital"

Hi, We are using Gnucash very gratefully for now over a decade in our small business. We are VAT registered. The UK government has declared it requires from this year onwards VAT businesses to go towards a complete digital solution with their tax under new law called "Making Tax Digital". All tax