VAT Returns

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Sammmy88
Sammmy88 Registered Posts: 283 Dedicated contributor 🦉
in AAT Level 3 (Level 6 in Scotland)
When filing out a VAT return and there is 0 to put in a box is it best to put 0.00 or NONE?
Level 2 - Passed 2011
Level 3 - Passed 2012
Level 4 - Passed 2014

Awaiting to start CIMA :)

Comments

  • amyjayne27
    amyjayne27 Registered Posts: 314 Dedicated contributor 🦉
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    Hi Sammy, I may be wrong but I usually just put 0. How are your studies going? Budgeting is booked, I am petrified!
  • coojee
    coojee Registered Posts: 794 Epic contributor 🐘
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    If memory serves me right (and it's been a long time since I filled in a VAT return) it tells you on the form to use "0" and not "none". In any case I've just checked on the HMRC website and it confirms that you must use "0"
  • Sammmy88
    Sammmy88 Registered Posts: 283 Dedicated contributor 🦉
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    Thank you :-)

    Amy, when's your exam? I'm terrified of the fnpf exam :-(
    Level 2 - Passed 2011
    Level 3 - Passed 2012
    Level 4 - Passed 2014

    Awaiting to start CIMA :)
  • amyjayne27
    amyjayne27 Registered Posts: 314 Dedicated contributor 🦉
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    Morning Sammy,

    I have booked it for the 17th September! I am really scared too first exam on level 4! My birthday is on the 13th too so think I will be spending it revising I think!!

    Good luck for your exam, I think you will be fine.

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