Could you please tell me what VAT code should be used for purchase invoice received from not VAT registered company? The invoice is for services which are normally standard VAT rated. The company which received the invoice is VAT registered.
Thank you.
Replies (5)
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T9 coded transaction will by default be omitted from the Sage VAT return report. But at the same time, it's not a T0 transaction either. You could create a new T code for this purpose and tick it in the Sage options to enable it to be included in the reports.
Other threads on this subject ...
Non VAT registered businesses
https://www.accountingweb.co.uk/anyanswers/non-vat-registered-businesses
T0 or T9 in my SAGE entry?
https://www.accountingweb.co.uk/anyanswers/t0-or-t9-my-sage-entry
I think it is T0
You want to include it in your Box 7 number and using T0 will achieve that without affecting your Box 3 number.