What goes into each box – United Kingdom VAT100 report
This topic is for NetSuite accounts that use the Tax Reports (International) page to generate the United Kingdom VAT100 Return. If you are using the Country Tax Report page, see Periodic VAT Return – VAT100.
Nondeductible tax codes created by checking the 100% Non-deductible box on the Tax Code page is not supported. If you want to create nondeductible tax codes that will work with International Tax Reports SuiteApp, see Setting Up Nondeductible Input Tax.
The following table shows how NetSuite uses the tax codes to get the values for the United Kingdom VAT100 report.
|
Box |
Label |
Tax Codes |
|---|---|---|
|
1 |
VAT due on sales and other outputs |
Sales tax amounts of S-GB, R-GB, R1-GB + Purchases notional tax amounts of RC-GB, RC1-GB, RCS-GB, RCS1-GB, ESSP-GB, IPA1-GB, IPA2-GB Tax amount of sales adjustment in box 1 with S-GB, R-GB, R1-GB |
|
2 |
VAT due in this period on intra-community acquisitions of goods made in Northern Ireland from EU Member States |
Purchases notional tax amounts of ES-GB, ER-GB, EZ-GB |
|
3 |
Total VAT due (the sum of boxes 1 and 2) |
Box 1 +Box 2 |
|
4 |
VAT reclaimed in this period on purchases and other inputs (including acquisitions from the EC) |
Purchases tax amounts of S-GB, R-GB, R1-GB + Purchases notional tax amounts of RC-GB, RC1-GB, ESSP-GB, RCS-GB, RCS1-GB, ES-GB, ER-GB, IPA1-GB, IPA2-GB + Net and Tax amount of IV-GB Tax amount of purchases adjustment in box 1 with S-GB, R-GB - Nondeductible tax amounts of S-GB, R-GB
Note:
For IV tax code, both the net and tax amount is reported by default due to a limitation. Please set net amount to 0 if you need only tax amount reported. |
|
5 |
Net VAT to be paid to Customs or reclaimed by you (difference between boxes 3 and 4) |
Box 3 – Box 4 |
|
6 |
Total value of sales and all other outputs excluding any VAT. Include your box 8 figure. |
Sales net amounts of S-GB, R-GB, Z-GB, O-GB, E-GB, RC-GB, RC1-GB, ESSS-GB, ES-GB, ER-GB, ESSN-GB, EZ-GB, R1-GB + Purchases net amounts of ESSP-GB, RCS-GB, RCS1-GB |
|
7 |
Total value of purchases and all other inputs excluding any VAT. Include your box 9 figure. |
Purchases net amounts of S-GB, R-GB, Z-GB, I-GB, E-GB, RC-GB, RC1-GB, ESSP-GB, RCS-GB, RCS1-GB, ES-GB, ER-GB, EZ-GB, IPA1-GB, IPA2-GB, R1-GB + Deductible net amounts of S-GB, R-GB |
|
8 |
Total value of intra-community dispatches of goods and related costs (excluding VAT) from Northern Ireland to other EU Member States |
Sales net amounts of ES-GB, ER-GB, EZ-GB |
|
9 |
Total value of intra-community acquisitions of goods and related costs (excluding VAT) made in Northern Ireland from EU Member States, |
Purchases net amounts of ES-GB, ER-GB, EZ-GB |
Related Topics:
- International Tax Reports
- Setting Up Tax Filing for United Kingdom
- United Kingdom VAT100 Overview
- Generating a United Kingdom VAT100 Tax Report
- Making Tax Digital for VAT
- Making Tax Digital for VAT Overview and Setup
- Submitting MTD VAT Returns to HMRC
- Submitting an MTD VAT Return in a CSV File
- Viewing Submission History of United Kingdom MTD CSV Files
- Viewing Previously Submitted MTD VAT Returns
- Viewing the MTD VAT Return Submission History
- Handling MTD VAT Return Submission Errors
- Exporting a United Kingdom VAT Return to Excel
- Sending of MTD Anti-Fraud Headers