What is indicated in Box 6 of the VAT return?

Box 6 of the VAT return is specifically meant to represent the total value of sales made during the reporting period, excluding VAT. This figure is crucial for businesses as it reflects the actual income generated from sales before the addition of VAT, serving as a basis for calculating the overall tax obligations and to determine the VAT payable to HMRC.

The importance of this value cannot be overstated, as it is used for various purposes, including assessing business performance and compliance with VAT regulations. Correctly reporting this figure ensures that the business is fulfilling its obligations and accurately accounting for the sales figures in its financial statements.