Sage 200 - VAT code finder

Summary

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

Description

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

NOTE: The option to create this code is available in the Settings menu within Accounting System Manager and choose VAT Rates.

Which VAT code to use

Use VAT code 16.

How this affects the VAT Return

A VAT element appears in boxes 1 and 4. The net element appears in boxes 6 and 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.

Solution Properties

Solution ID
210113171105170
Last Modified Date
Thu Oct 06 13:01:11 UTC 2022
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