IT14SD reconciliation problems

[DeeArtic]

Good day,

We need to complete an IT14SD. The figures and the VAT reconciliation and the PAYE reconciliation are not agreeing.

We have taken off the excess months from the VAT201 that overflows into the next and previous years. Is there anyone that can maybe give us some guidance as to where to look for the differences?

Any assistance will be appreciated. Thanking all in advance.

[Andromeda]

Presumably this was for the 2019 year? If so then remember that VAT changed from 14% to 15% from April 2018 and you were supposed to not put the 14% sales in turnover, but reflect the VAT portion as "other", or some such meaningless solution . If all else fails extract an income statement for the VAT201 periods and try to balance that with your VAT201 submissions. At least you will know what does not balance and when.

As far as the PAYE reconciliation is concerned, the "Total Employment Cost on which PAYE liability was calculated" is meant to balance with whatever you have reflected as payroll costs in the ITR14. That figure is so so difficult to calculate that unless you are materially out of balance, save yourself days of heartache and just show the remaining difference as an unknown difference and be done with it. You can always just cook it.

[DeeArtic]

Thank you very much. It is for 2012-2013. I will try this.