Tax code finder: Sales of goods in the UK where VAT is charged
Description
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Sales > Goods > UK > Reverse charge not relevant > VAT is charged
Standard rate
| Which tax code to use | Use tax code T1. |
|---|---|
| How this affects the VAT Return | The tax amount appears in box 1, the net amount in box 6. |
If you're using one of the Flat Rate schemes, the gross amount appears in box 6. Box 1 includes the gross amount x flat rate percentage.
Reduced rate
| Which tax code to use | Use tax code T5. |
|---|---|
| How this affects the VAT Return | The tax amount appears in box 1 and the net amount in box 6. |
If you're using one of the Flat Rate schemes, the gross amount appears in box 6. Box 1 includes the gross amount x flat rate percentage.
| 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. |
Solution Properties
- Solution ID
- 201223150550767
- Last Modified Date
- Fri Nov 05 21:00:55 UTC 2021
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- 0