Hi, I’m just about to submit my vat returns and have followed the instructions. I’m almost to teh end when instead of it asking me to sign, I’m presented with VAT Return of Trading Details in ROS. See attached. I don’t have these details because Bullett only allows me to download a single file. I don’t have a breakdown. Please see attached..

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Hi, I’m just about to submit my vat returns and have followed the instructions. I’m almost to teh end when instead of it asking me to sign, I’m presented with VAT Return of Trading Details in ROS. See attached. I don’t have these details because Bullett only allows me to download a single file. I don’t have a breakdown. Please see attached..

  1. rclnetwo February 4, 2016
    All info I have is everything I put in Bullet. How can I work out the details ROS wants for RTD from the info I have in Bullet? where can I find this?
  2. rclnetwo February 4, 2016
    P.S. If I'm required to fill out these details, where do I find the calculations for "Value of goods for resale" or "EU Purchases" etc from the details I entered in Bullet over the past year? Thanks again

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Peter Connor ⋅ Staff February 4, 2016
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So RTD flushed We don’t do that return or generate that report. It’s basically about paying EU VAT, if you trade with the UK paying UK VAT etc.

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  1. Peter Connor February 4, 2016
    Talk to your accountant if you do very little they might suggest ignoring it. It's being around for years but never really enforced.
  2. Peter Connor February 4, 2016
    Have a call with your accountant and let me know what they think. If your not trading a lot he might suggest ignoring it.
    Thanks P
  3. rclnetwo February 4, 2016
    Do you mean ignore the entire RTD page or just the EU payments? I don't trade a lot. Maybe 80,000 gross per annum
  4. rclnetwo February 4, 2016
    my accountant says, I am out of the office today Rob but will be back on Monday, 25 January 2016 and will reply to you then.
    The RTS is a summary of your year to date trading details which you should be able to acquire from BHQ without difficulty.
  5. Peter Connor February 4, 2016
    Sorry I missed that answer. As in if you're not trading a lot with the EU you might be able to enter a zero entry with the VAT RTD.
    I'll ask John what he thinks - He'll get back to you.
  6. rclnetwo February 4, 2016
    thanks a mill. i wasn't expecting that and i've nothing prepared and only a day or two before deadline. i don't know where to pull any of the details from. I'll take me days.. Do I have to go through all the reports one by one? This will be a nightmare. Is there a quicker way that I'm over looking? thanks again..
  7. Peter Connor February 4, 2016
    Hi,
    Don't worry about the deadline - Revenue are more focused on the fact you pay then when you pay. It's pretty normal for people to be later. Obviously revenue aren't going to tell people that.
    Do you trade a lot with the EU?
  8. rclnetwo February 4, 2016
    not sure. one uk supplier. maybe a few thousand
  9. rclnetwo February 4, 2016
    actually some ebay uk and elsewhere..
  10. Peter Connor February 4, 2016
    So just with Ebay?
  11. rclnetwo February 4, 2016
    and some random suppliers and Techdata suplplier. Not sure the overall amount could be
  12. Peter Connor February 4, 2016
    Hi there,
    If you need to submit your VAT3 return now, you can skip the VAT RTD (there'll be a checkbox or link somewhere on the page to do this on the ROS website when you're uploading your VAT3 return). Bullet doesn't generate the VAT RTD return, but your accountant should be able to get the information required to submit the RTD return.
  13. rclnetwo February 4, 2016
    Hi John,
    I'm having terrible trouble trying to extract the information I need for the VAT RTD from my Bullet accounts.
    I've been working at this over a week and I am in a panic.
    The main issue is the amount of 13.5 % and 23% vat and EU purchases.
    For example, I purchase stock from the UK occasionally and charge vat at both 13.5 % and 23%.
    All Bullet shows me in the reports is the overall vat total and suppliers that I paid sterling show up as converted euro but 0% vat.
    Besides dragging out boxes of receipts and doing everything by hand over the next couple of weeks and then cross referencing it with all Bullet figures, is there anything I'm missing where I can easily obtain this info in Bullet somewhere?
    I have had the VAT amount ready on time but am now well overdue because I was unaware of this RTD requirement.
    Can you please help?
    Thank you, Rob

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