Generating VAT Returns

Use the VAT Return screen to generate digital records for your VAT that you can submit to HMRC. This screen includes a worksheet that shows details about how the amounts on the return were calculated.

To generate a VAT return:

1. Open Common Services > United Kingdom Taxes > VAT Return.
2. In the From Document Date and To Document Date fields, specify a range of document dates to include in the return.

   Note: If you specify a range of dates for which you have submitted your return, you can review the information that you submitted, but you cannot change it.

3. If you need to report a transaction but you have already submitted a return for the document date of the transaction, select the Include unreported transactions dated on or after option, and then enter the document date of the transaction or an earlier date. In addition to transactions that would normally be included, the current return will include any unreported transactions with a date between the specified date and the From Document Date for the return.
4. Click Refresh.

   Values are calculated and displayed in fields for all boxes that are set up to be calculated. For more information, see Setting Up United Kingdom Taxes.

5. Review the calculated values on all tabs, and adjust them if necessary.

   To adjust a value, enter an adjustment amount in the +/− field, or directly change the value in the field for the box. For example, if the calculated value in the Box 1 field is 50,000, and you need to adjust this down to 49,000, you can either enter -1,000 in the +/− field, or you can directly change the Box 1 field to 49,000. If you directly change the Box 1 field, -1,000 is automatically entered in the +/− field.

6. Save the information on the screen by clicking Add or Save. (After you click Add, the button changes to Save.)

   When you save, information is automatically sent to the Sage MTD Submissions Module, which you use to submit your return to HMRC.

   You can save only one set of information for any particular range of periods. So if you change some information and then click Save, the information that was previously saved for the range is replaced.

   • If you have not saved the information on the screen, and you change the range of periods, all information on the screen is lost.
   • When you click Save, information is immediately replaced. There is no confirmation message.