How do I run the VAT 100 report?

Summary

The following article explains how to submit your VAT from Platinum. This article assumes you have registered and authorised Platinum for the Making Tax Digital service.

Please see this article for advice on how to ensure your Platinum system is authorised for MTD. Please note: You should ensure you have registered your business for Making Tax Digital with HMRC prior to attempting to authorise your Platinum system.

Please ensure your Platinum version is dated 12th April 2021 or later. Please be advised that from 12th April 2021 if you are not registered for MTD your submissions from Platinum will not be sent to HMRC. Click here for instructions on how to update your Platinum system.

More Information

Go to " Reports & Settings Reports V.A.T. Reports".

If at this point you see an error message advising you that you are not currently authorised please follow the steps in How do I re-authorise Platinum for MTD VAT submissions?. If you ignore this warning and attempt to submit the VAT return please be aware this will not be submitted to HMRC.

The current open period will be displayed. This information is returned by HMRC along with the status of that period.'O' informs you the period is 'Open' and has not yet been submitted. 'F' informs you the period has been submitted and 'Fulfilled'.

Having submitted a period, the next period will be displayed once HMRC have rolled your account forward. For quarterly returns this will usually be the 3rd Friday of the second accounting month e.g. having filed a return for the quarter ending May 2019, the August 2019 quarter will not be availble to view until the 3rd Friday in July.

• To run the V.A.T. report for the current period, click [OK].
• If you import goods and are using Postponed VAT accounting please enter your estimated or actual vat for the period in the field supplied at the top of the return.
  • If you need to calculate this value please view the breakdown of box 7 by clicking the [...] button to the right of the box. The nett of all inputs will be listed along with the VAT Reg, Country and EC Member flag. You may use this information to work out your estimated value or to check against the actual value from your monthly statements.
  • Press <Ctrl+P> and select [Excel] if you wish to output the list to Excel.
• Check the values and if you have any queries click [Close] to exit the VAT Return without submitting the data.
• When you are ready to submit the return to HMRC click [OK].

Note: Consider whether you need to change your print destination at this point. The full breakdown of the individual boxes can be quite an extensive printout so you may wish to print this to PDF rather than on paper.

• You will be asked to confirm your figures are accurate and final.
• Click [Yes] at the confirmation box.

• Once accepted, your return is submitted to HMRC via the new MTD service.

Please wait until you see a message on screen advising you that your submission has been successful. You should click [Print] to print a copy of this message. If you do not see this message please check the process you have followed and Contact your Platinum dealer or our support team on 0116 230 1500 or by using our website support contact page if you are unsure if your return has been processed.

• As explained above, your return will display 'F' once it has been submitted to and accepted by HMRC. Your next period will be shown when HMRC have moved your account forward.

If the figures are incorrect and you have posted them to the HMRC site, you will need to fill in VAT Form 652 and return it to the Errors Team at the HMRC.

If you have registered with HMRC for Making Tax Digital but have not yet updated your system settings in Platinum, please see the article: Making Tax Digital. If you fail to do so and subsequently attempt to make a VAT submission through Platinum, it will not be submitted to HMRC.

View Submission Logs

This article explains how to find your submission logs in case any queries arise.

View Previous Period

To view a previously submitted return, go to " Reports & Settings Reports V.A.T. Reports".

• From the drop down menu select the period to view and click [OK].
• You will be able to print and view the information for each box but will not be allowed to re-submit the period.

Current period not displayed

If the current period does not match your actual VAT period, please consider the following:

Under the new MTD service

• Under the new MTD service, your account has not yet been rolled forward. Please check again at the appropriate date or contact HMRC directly for advice.

• If the period shown is ahead of your current period, a user may have accepted a VAT period in error. Follow the advice in the article - How do I roll back my VAT period?

Prior to MTD service

• If the period matches your frequency but is behind your next return date, you have not been closing the periods as you go. You will need to catch up by closing each period until the current period is the next available.

If this is the case, please make sure you have not filled in your VAT Registration number else you may be submitting old periods directly to HMRC.

If the period shown does not match your actual period end/frequency, please Contact your Platinum dealer or our support team on 0116 230 1500 or by using our website support contact page for advice.

Troubleshooting

When submitting VAT through the Making Tax Digital service your current period and submission state is controlled by HMRC.

• If the last submitted period stills shows as 'O' - Open, please contact HMRC for advice on their Online Services helpline '0300 200 3701'. They will need to check the state of your account to determine why it has not indicated the period has been 'F' - Fulfilled.

See also

• Making Tax Digital
• How do I roll back my VAT period?
• What should I consider at month end?
• How do I send a printout to a file?
• Setting the government gateway credentials
• How do I find my V.A.T. submission reports?
• How do I re-authorise Platinum for MTD VAT submissions?

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Keywords AND Misspellings

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Tags

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