MOSS VAT Return
Warning: you should use the New MOSS VAT Return option when printing the revised Return, and not the Reprint option. The Reprint MOSS VAT Return option is for printing a copy of an original Return, e.g. for your own internal use. See Example below.
You should select to produce a New Moss VAT Return, or Reprint MOSS VAT Return for a specific Quarter and Year. This updates the MOSS VAT Return with unique reference number. The message at the top of the pane informs you when the return was last updated.
The appropriate exchange rate for the quarter being reported is automatically retrieved from the European Central Bank (ECB). If the retrieval is not successful, you are able manually update the rate.
You must not use a Daily Rate.
Example:
1. Print New Moss VAT Return and update a MOSS VAT Return for Q1. The Return is stored.
2. Submit the return to HMRC. HMRC provide you with a Unique Reference Number.
3. Add Reference to the Q1 Return
4. Post a Credit Note in Q2.
5. Link Credit Note to Invoice in Q1 Return
6. Print New Moss VAT Return for Q1 (see Warning above). The revised Q1 Return is stored.
7. Submit to HMRC.
Toolbar
[Print to] Screen, Printer, File
Select the destination for your print. See the Warning regarding printing, above.
When you print a new return or re-print a return and you select to Print to File, then the HMRC VAT MOSS Return spreadsheet is automatically opened and pre-populated with the correct data so that you can upload the return online.
You are able to re-print a MOSS VAT Return
If any of the transactions for the quarter to which the return relates is a currency transaction then the sterling values are printed on the report as on the original return,
If you have entered new transactions in the relevant quarter since updating the return then these values are not included,
Select Printer
When printing to Printer, this allows you to select from a list of printers to which you have access.
Add Reference
Once you have printed and updated a MOSS VAT Return then you can enter and save the unique reference issued by HMRC against that return for the purpose of re-locating the relevant number when making the associated payment. Selecting the Add Reference function opens a dialog showing all printed and updated MOSS VAT Returns where you can select and edit the appropriate reference number.
Link Credit Note to Invoice
This allows you to link a Credit Note to one or more Invoices raised in an earlier quarter. When selected, you are prompted to confirm that you want to continue:
a dialog is opened where you can search for and select a particular Credit Note,
Caution: You can link one Credit Note to multiple Invoices, but cannot link multiple Credit Notes to a single Invoice in one action; you will have to repeat the process for each Credit Note.
Having selected your Credit Note, you can then search for and select Invoices to which to match the Credit Note,
Once you have found the Invoices that require adjusting you should enter the adjustment value against each Invoice and Save,
You can now print a new Return for the quarter in which the Invoice was accounted and the Credit Note will be excluded from the return in which it was raised, so as to avoid being counted twice.
Tip: You should only use this process if you have raised a credit note in a later quarter than the invoice to which it relates. If the invoice and credit note are both raised in the same quarter then they will be accounted correctly on the return.