diff --git a/content/applications/finance/accounting/fiscal_localizations/localizations.rst b/content/applications/finance/accounting/fiscal_localizations/localizations.rst index 07601d079..53b456697 100644 --- a/content/applications/finance/accounting/fiscal_localizations/localizations.rst +++ b/content/applications/finance/accounting/fiscal_localizations/localizations.rst @@ -26,3 +26,4 @@ Localizations localizations/peru localizations/spain localizations/switzerland + localizations/united_kingdom diff --git a/content/applications/finance/accounting/fiscal_localizations/localizations/united_kingdom.rst b/content/applications/finance/accounting/fiscal_localizations/localizations/united_kingdom.rst new file mode 100644 index 000000000..0f67227b3 --- /dev/null +++ b/content/applications/finance/accounting/fiscal_localizations/localizations/united_kingdom.rst @@ -0,0 +1,117 @@ +============== +United Kingdom +============== + +Configuration +============= + +:ref:`Install ` the :guilabel:`UK - Accounting` and the :guilabel:`UK - Accounting +Reports` modules to get all the features of the UK localization. + +.. list-table:: + :header-rows: 1 + + * - Name + - Technical name + - Description + * - :guilabel:`UK - Accounting` + - `l10n_uk` + - - CT600-ready chart of accounts + - VAT100-ready tax structure + - Infologic UK counties listing + * - :guilabel:`UK - Accounting Reports` + - `l10n_uk_reports` + - - Accounting reports for the UK + - Allows sending the tax report via the MTD-VAT API to HMRC. + +.. image:: united_kingdom/uk.png + :align: center + :alt: Odoo uk packages + +.. note:: + - Only UK-based companies can submit reports to HMRC. + - Installing the module :guilabel:`UK - Accounting Reports` installs all two modules at once. + +.. seealso:: + - `HM Revenue & Customs `_ + - `Overview of Making Tax Digital + `_ + +Chart of accounts +================= + +The UK chart of accounts is included in the :guilabel:`UK - Accounting` module. Go to +:menuselection:`Accounting --> Configuration --> Accounting: Chart of Accounts` to access it. + +Setup your :abbr:`CoA (chart of accounts)` by going to :menuselection:`Accounting --> Configuration +--> Settings --> Accounting Import section` and choose to :guilabel:`Review Manually` or +:guilabel:`Import (recommended)` your initial balances. + +Taxes +===== + +As part of the localization module, UK taxes are created automatically with their related financial +accounts and configuration. + +Go to :menuselection:`Accounting --> Configuration --> Settings --> Taxes` to update the +:guilabel:`Default Taxes`, the :guilabel:`Tax Return Periodicity` or to :guilabel:`Configure your +tax accounts`. + +To edit existing taxes or to :guilabel:`Create` a new tax, go to :menuselection:`Accounting --> +Configuration --> Accounting: Taxes`. + +.. seealso:: + - :doc:`taxes <../../taxation/taxes>` + - Tutorial: `Tax report and return + `_. + +Making Tax Digital (MTD) +------------------------ + +In the UK, all VAT-registered businesses have to follow the MTD rules by using software to submit +their VAT returns. + +The **UK - Accounting Reports** module enables you to comply with the `HM Revenue & Customs +`_ requirements regarding +`Making Tax Digital +`_. + +.. important:: + If your periodic submission is more than three months late, it is no longer possible to submit + it through Odoo, as Odoo only retrieves open bonds from the last three months. Your submission + has to be done manually by contacting HMRC. + +Register your company to HMRC before the first submission +~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ + +Go to :menuselection:`Accounting --> Reporting --> Tax report` and click on +:guilabel:`Connect to HMRC`. Enter your company information on the HMRC platform. You only need to +do it once. + +.. Note:: + When entering your VAT number, do not add the GB country code. Only the 9 digits are required. + +Periodic submission to HMRC +~~~~~~~~~~~~~~~~~~~~~~~~~~~ + +Import your obligations HMRC, filter on the period you want to submit, and send your tax report by +clicking :guilabel:`Send to HMRC`. + +Periodic submission to HMRC for multi-company +~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ + +Only one company and one user can connect to HMRC simultaneously. If several UK-based companies are +on the same database, the user who submits the HMRC report must follow these instructions before +each submission: + +#. Log into the company for which the submission has to be done. +#. Go to :guilabel:`General Settings`, and in the :guilabel:`Users` section, click + :guilabel:`Manage Users`. Select the user who will submit the VAT return. +#. Go to the :guilabel:`UK HMRC Integration` tab and click :guilabel:`Reset Authentication + Credentials` or :guilabel:`Remove Authentication Credentials` button. Then click again to create + new credentials. It is now possible to submit the tax report for this company. +#. Repeat the steps for other companies' HMRC submissions. + +.. note:: + During this process, the :guilabel:`Connect to HMRC` button no longer appears for other UK-based + companies. diff --git a/content/applications/finance/accounting/fiscal_localizations/localizations/united_kingdom/uk.png b/content/applications/finance/accounting/fiscal_localizations/localizations/united_kingdom/uk.png new file mode 100644 index 000000000..1945ef917 Binary files /dev/null and b/content/applications/finance/accounting/fiscal_localizations/localizations/united_kingdom/uk.png differ