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VALUE ADDED TAX RETURN FORM 002 M This returns coversMYYD BeginningDMMYYEndingDCompany NameTINCompany Physical AddressDoc NoPostal Address (Including Postal Code)Tel. NoEMail AddressCorporate WebsiteCurrencyNAIRANotesLine.

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VAT returns can only be submitted to HMRC online. The best online accounting services (such as Crunch!) make this process incredibly easy, leaving behind the days of VAT returns being a painful struggle.

To reduce that sticker price, use a tax relief form, commonly referred to as a VAT form. Items reduced by 19 percent with a VAT form include vehicle purchases and repairs, clothing, furniture, electronics, rental cars, heating oil, non-staple groceries and restaurant bills.

Every business must then submit VAT returns to HMRC on a monthly, quarterly or annual basis. If the VAT collected is more than the VAT incurred, then the difference is paid by the business to HM Revenue & Customs. If the VAT incurred is more, HMRC will refund the difference.

Getting online. If you need: ... HMRC 's free online service. Sign in to your VAT online account and complete your VAT Return. Using accounting software. Most accounting software lets you submit your VAT Return to HMRC directly. ... Using accountants or agents. ... Help with online services.

VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents).

Getting online. If you need: ... HMRC 's free online service. Sign in to your VAT online account and complete your VAT Return. Using accounting software. Most accounting software lets you submit your VAT Return to HMRC directly. ... Using accountants or agents. ... Help with online services.

15 Steps for VAT Return filing Step 1: Login to the portal of the Federal Tax Authority at www.tax.gov.ae with your registered user name and password. Step2: Click on VAT 201 New VAT Return option under the e-services section of the portal to initiate the VAT Return form.

If you pay your VAT monthly or quarterly, the deadline for submitting your return and paying any VAT you owe is one calendar month and seven days after the end of the VAT period. For example, for the quarter ending 31 March 2017, your return must be submitted and payment cleared in HMRC's account by 7 May 2017.

VAT calculation example You can do this by multiplying the price you charge by 1.2. For example, if your business sells sports equipment for £50, you multiply £50 by 1.2 for a total VAT inclusive price of £60. On the receipt or invoice, you list the item price (£50), the VAT (£10) and the price including VAT (£60).

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232