Does zero rating go on VAT return?

Zero rate. Zero-rated means that the goods are still VAT -taxable but the rate of VAT you must charge your customers is 0\%. You still have to record them in your VAT accounts and report them on your VAT Return.

How do I file a nil VAT return UK?

How to File a Nil VAT Return

1. Login to your bookkeeping software;
2. Open up the VAT return for the quarter you need to file your nil return for;
3. Make sure 0.00 appears in each of the boxes on the VAT return;
4. Submit your return to HMRC.

How do I file an nil VAT return on iTax?

How To File KRA Nil VAT Returns on iTax

1. Step 1: Visit iTax Portal at https://itax.kra.go.ke/KRA-Portal/
2. Step 2: Enter your KRA PIN.
3. Step 3: Enter your KRA Password.
4. Step 4: iTax iPage Account Dashboard.
5. Step 5: Click on File Nil Return tab.
6. Step 5: Select Tax Obligation i.e Value Added Tax (VAT)

What should be included in box 7?

Box 7 the total value of purchases and all other inputs excluding any VAT. Show the total value of your purchases and expenses but leave out any VAT . You must include the value of: imports.

What is zero rated VAT?

Zero-rated items are goods on which the Government charge VAT but the rate is currently set to zero. The goods covered by this classification are items such as children’s clothes and footwear, water, basic foods, books and newspapers.

How do I fill VAT?

Click on ‘e-Returns’ or select ‘Returns’ from the navigation menu and click on ‘File Returns’ Select the Type, enter your taxpayer’s PIN and select the Tax obligation as ‘VAT’ and Click ‘Next’ Fill in all the details such as Type of return, Entity type, branch name, and return period available on the return filing page.

How do I submit my VAT return as an agent?

How to register for the VAT for Agents service

1. Sign in to your HMRC online services account.
2. Go to ‘Your HMRC services’ and choose ‘Services you can add’.
3. Choose ‘VAT for Agents’ from the list.
4. Enter the identification details asked for during set up.

Do you include zero rated purchases in box 7?

The notes provided by HMRC read as follows: “In box 7 show the value excluding VAT of all your inputs (purchases of goods and services). Include zero rated, exempt inputs and EU acquisitions from box 9.”