VAT Return Example (with assisting explanation) Post Brexit

The Tax Kit: April 2021.

This is a an example copy of a VAT return (post Brexit) with assisting explanation in blue text to help explain, in situ, what is required for each box. And some numbers too, so you can see how it all adds up and relates. Please review other blogs in this series for additional information. Hope it helps 🙂

VAT Return Boxes explained (Post Brexit)

The Tax Kit: April 2021.

The VAT Return is essentially split into 3 parts:

A. Calculation of VAT Due

B. Comparative Total Figures (excluding VAT)

C. Northern Ireland Protocol European Community Trading Totals (excluding VAT)

The narrative explains what is required for the different boxes post Brexit.

A. Calculation of VAT Due

Box 1

Include the VAT […]