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Sage + VAT return box

Sage + VAT return box

Assume the only period transaction is the purchase  invoice from an EU VAT reg business of printed materials [normally std rated in uk]  £ 95

UK business is VAT reg as was the EU

so what vat code{Sage] is used for entering this purchase, and which box[es] does this appear on the VAT return ?

thanks

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By puzzel
16th Feb 2012 14:18

Sage Help

If I remember rightly, it is T4  and the figure are shown in box's 4&9

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16th Feb 2012 14:38

VAT Return

In reply to your question:

 

Box 2 £19.00 [being 20% of £95.00}

Box 3 £19.00

Box 4 £19.00

Box 5 £0.00

Box 7 £95.00

Box 9 £95.00

 

Hope this helps

 

Vic

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16th Feb 2012 14:41

VAT Code - sage

Answer is T8 for purchases

T4 is for EU Sales

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