Summary
Description
The Sage tax code you use for a transaction depends on several things. Here you can find the correct tax code by answering a few questions about your sale or purchase. Use this guide together with HMRC VAT rates guidance to make sure your VAT Return is correct every time.
TIP: Keep this guide handy by setting it to open when you press F12 in your software. Read more >
Let's get started!
Select the type of transaction you want the tax code for:
Sale Purchase Bank charge or interest
Not VAT registered? If you're not registered for VAT, you should post all transactions using the non-vatable tax code, normally T9. Read more >
Other useful guides
- List of tax codes before and after 1 January 2021 >
- Pre-Brexit tax code finder - UK only >
- Tax codes to use for popular goods and services - UK only >
IMPORTANT: This article provides general rather than specific guidance to assist all of our customers. Please read the rest of our VAT disclaimer - Click here >
From April 2022, Making Tax Digital (MTD) applies to all VAT registered businesses. If you're looking for an MTD solution, Sage 50cloud Accounts has what you need.Are you ready for Making Tax Digital?