Vat Return Template !!better!! Jun 2026

| Box | Label | Description | |------|-----------------------|-------------------------------------------------------------------| | 1 | VAT due on sales | Output VAT collected from customers (standard & reduced rates). | | 2 | VAT due on acquisitions | VAT on goods bought from other EU countries (post-Brexit adjustments may apply). | | 3 | | Box 1 + Box 2. | | 4 | VAT reclaimed on purchases | Input VAT paid to suppliers (eligible recoverable VAT). | | 5 | Net VAT payable/refundable | Box 3 – Box 4 (positive = pay to tax authority; negative = refund due). | | 6 | Total value of sales (excl. VAT) | Net taxable turnover (zero-rated, reduced, standard-rated). | | 7 | Total value of purchases (excl. VAT) | Net purchases & other costs (including imports). | | 8 | Total value of acquisitions (excl. VAT) | Goods received from other EU member states. | | 9 | Total value of exports (excl. VAT) | Goods sent to non-EU countries (or EU if zero-rated). |

£ [Insert Amount]