Matt Bradley Posted September 26, 2022 Share Posted September 26, 2022 We've just downloaded our first VAT report, and in the box 6 section, any transactions which were not elibible for VAT are missing, and not included in the Box 6 total. I'm pretty sure that this is wrong? "Box 6 - Total value of sales and all other outputs excluding any VAT. Include your box 8 figure" According to HRMC: "Box 6 total value of sales and all other outputs excluding any VAT Show the total value of all your business sales and other specific outputs but leave out any VAT. Some examples are: zero rate, reduced rate and exempt supplies fuel scale charges (read Motoring expenses (VAT Notice 700/64)) exports supplies to EU member states, if the goods are moved from Northern Ireland (that is any figure entered in box 😎 supplies of installed or assembled goods in the UK where the overseas supplier registers for VAT here distance sales to Northern Ireland which are above the distance selling threshold or, if below the threshold the overseas supplier opts to register for VAT in the UK reverse charge transactions (read paragraph 4.6) supplies which are outside the scope of UK VAT as described in Place of supply of services (VAT Notice 741A) deposits that an invoice has been issued for But, you do not include in box 6 any of the following: money you’ve personally put into the business loans, dividends and gifts of money insurance claims Stock Exchange dealings (unless you’re a financial institution) " Link to comment Share on other sites More sharing options...
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