Show the VAT due on all supplies of goods and services you have made in this period including any VAT you must account for under the reverse charge, VAT you must account for under postponed VAT accounting for imports and any VAT due on stocks and assets you have sold or retained at deregistration.
Show the VAT due (but not paid) on all goods and related costs acquired this period brought into Northern Ireland from EU Member States.
Show the total amount of VAT due i.e. the sum of boxes 1 and 2. This is your Output tax.
Show the amount of VAT you are eligible to deduct on business expenses during this period including VAT on imports accounted for through postponed VAT accounting, VAT reclaimed under the reverse charge and VAT on goods (and related costs) acquired and brought into Northern Ireland from EU Member States.
If this amount is under £1, you do not need to send any payment, nor will any be made to you but you must still fill in this form and submit it.
Show the value excluding VAT of your total outputs (supplies of goods and services). Include 5% rated, zero rated, exempt outputs, reverse charge transactions, exports and goods (and related costs) from Northern Ireland to EU Member States.
Show the value excluding VAT of all your inputs (purchases of goods and services). Include zero rated, exempt inputs, reverse charge transactions, imports and goods (and related costs) acquired from EU Member States to Northern Ireland.
Use this box only if you have made supplies of goods from Northern Ireland to EU Member States please include the cost of the goods and related (such as freight and insurance where these form part of the contract price) but exclude any VAT.
Use this box only if you have acquired goods from the EU Member States to Northern Ireland please include the cost of the goods and related costs (such as freight and insurance where these form part of the contract price) but exclude any VAT.
IOM ACCOMMODATION OR RENOVATION AND REPAIR OF DWELLINGS ONLY.
Use this box if you have made any supplies of hotel or other like accommodation or carried out the renovation and repair of dwellings chargeable at the rate of 5%. You should record the total value of your supplies exclusive of the amount of tax charged.
