Do I need to attach copy of Bank Statement to submit VAT return? Or how can I show my bank statement? Do I need to show my income?

britannia0305-ou · ‎March 09, 2024

Do I need to attach copy of Bank Statement to submit VAT return? Or how can I show my bank statement? Do I need to show my income?

My case,
・Using Japanese bank, Japan issued Credit Card
・no transaction record in my bank statement as I use only credit card , not debit card to purchase products to sell. Also it includes private shopping in the credit card.
・I purchase in GBP and sell in YEN at Japanese sales platform. So the platform pays me into the bank account once a month.
・I record my sales into Bank Deposits Category not sales category.

MelroseV · ‎March 09, 2024

It's good to see you here in the Community space, britannia0305.

When submitting a VAT return to HMRC, it's not necessary to attach a bank statement. However, there may be instances when HMRC requests it. In that case, be prepared to provide it when asked.

Additionally, I've added these resources that can help you learn more about using the VAT feature and setting up codes:

I'll be around whenever you have questions about filing VAT returns. Keep safe

Topics

Training

Community

Resources

Do I need to attach copy of Bank Statement to submit VAT return? Or how can I show my bank statement? Do I need to show my income?

Do I need to attach copy of Bank Statement to submit VAT return? Or how can I show my bank statement? Do I need to show my income?

Need to get in touch?