Group VAT return via bridging tool

ibrahimwhithornt · ‎September 18, 2023

In quickbooks online, I am trying to do a group VAT return for my two companies together. I am using the "submit with a spreadsheet" tool, but I need help with preparing the spreadsheet.

I am unsure if I should include only the VAT values of the second company in the spreadsheet, or if I should add the two companies together in the spreadsheet.

Please help!

GeorgiaC · ‎September 18, 2023

Hello ibrahimwhithornt, thanks for posting on the Community.

When submitting VAT using our bridging tool, HMRC will only receive the figures on the spreadsheet (and not those which show on your VAT 100 return in QuickBooks for one company).

This means when submitting group VAT, you'd combine the figures on the spreadsheet, so that you're submitting the total for both companies.

You can then mark as filed the return for company 1 and company 2 in QuickBooks after filing.

Topics

Training

Community

Resources

Group VAT return via bridging tool

Group VAT return via bridging tool

Custom VAT code - no VAT showing in box 4 of VAT return

Trial balance doesn't match VAT Box 5 very slightly different, need to adjust VAT return

MTD and VAT Groups

Tax vat return record refund error

Re: Is there a fcility within QBO to prepare a group VAT return. I have a VAT group of 3 companie...

Need to get in touch?