Look Ahead: Sage 200 - VAT code finder

Is the transaction a sale or purchase?

• Sale

  Is it a sale of goods or services?

  • Goods

    Is the sale of goods to the UK or abroad (outside the UK)?

    • UK (including Northern Ireland)

      Is the sale for reverse charge applied to mobile phones and computer chips?

      • Yes
      • No

        Is VAT charged on the goods?

        • Yes
        • No

          Are the goods classed as zero rated or exempt?

          • Zero rated
          • Exempt
    • Abroad (outside the UK)

      Is the transaction covered by the Northern Ireland protocol?

      • Yes

        Has the EC customer provided their EC VAT registration number?

        • Yes
        • No
      • No

        Do you have proof of exportation? i.e do you meet the criteria for zero rating the sale?

        • Yes
        • No
  • Services

    Is the sale of services to the UK or abroad (outside the UK)?

    • UK (including Northern Ireland)
    • Abroad (outside the UK)
• Purchase

  Is it a purchase of goods or services?

  • Goods

    Is the purchase of goods from the UK or abroad (outside the UK)?

    • UK (including Northern Ireland)

      Is the purchase for reverse charge applied to mobile phones and computer chips?

      • Yes
      • No

        Is VAT charged on the goods?

        • Yes
        • No

          Are the goods classed as zero rated or exempt?

          • Zero rated
          • Exempt
        • Supplier not VAT registered
    • Abroad (outside the UK)

      Is the transaction covered by the Northern Ireland protocol?

      • Yes

        Has the VAT registration number been provided to the supplier?

        • Yes

          If bought in the UK would the goods be zero rated or standard rated?

          • Zero rated
          • Standard rated
        • No

          Was VAT charged on the goods?

          • Yes
          • No
      • No

        Does the import exceed the import reverse charge threshold of £135?

        • Yes

          Are you using postponed accounting to account for import VAT on the VAT Return?

          • Yes

            Are you using one of the above?

            • Yes
            • No
          • No
        • No

          Are you using one of the above?

          • Yes
          • No
  • Services

    Is the purchase of services from the UK or abroad (outside the UK)?

    • UK (including Northern Ireland)
    • Abroad (outside the UK)

      Are you using one of the above?

      • Yes
      • No