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Sage 200 - VAT code finder

Created on  | Last modified on 

Summary

Use this wizard to determine the relevant VAT code to use when posting sales or purchase transactions.

Resolution

NOTE: This article is part of a wizard, if required, you can restart at the beginning.

Which VAT code to use

Use VAT code 1.

NOTE: This is the code that would be used for the VAT element of the import, goods would generally be zero-rated, using VAT code 2.

How this affects the VAT ReturnA VAT element appears in box 4. The net element appears in box 7.
This article offers general guidance only. While accurate at the time of publication, it may not suit your specific needs. We make no express or implied warranties. For tailored advice, consult a professional. For VAT, customs, or duties queries, contact HMRC on 0300 200 3700 or visit www.hmrc.gov.uk. We accept no liability for any loss from using this content. VAT or tax codes shown reflect default software settings and may differ in your setup.