Summary
Use this wizard to determine the relevant VAT code to use when posting sales or purchase transactions.
Action
NOTE: This article is part of a wizard, if required, you can restart at the beginning.
The UK's withdrawal from the EU means that movements of goods to and from the EU will mostly be treated the same as rest of world imports and exports. The UK have also introduced additional measures (Postponed VAT accounting) which will impact all imports regardless of origin. These changes will affect the way you record EU and non-EU imports within Sage 200.