VAT code to use for purchase of goods into England from South Africa

Question

Hi 
 Our company based in England has just purchased some specialist raw materials from South Africa. Obviously no VAT, but I am not clear from the online help which VAT code to use as it is a tradimg expense with a non -EC country 
 
 Thanks 
 B

Andy Rickeard · Accepted Answer

Hi Barbara, Thanks for using Sage City. With any question regarding VAT rates and the VAT Return I would normally suggest checking with HMRC to see what they would expect to see on the VAT Return. It's my understanding that you would need to show the value of the purchase on the VAT Return in Box 7 without affecting Box 4 (VAT reclaimed), as such a T0 tax code would achieve that. If this has helped, please click More > Verify Answer . Regards Andy Sage UKI

Sage 50 Accounts

VAT code to use for purchase of goods into England from South Africa

Top Replies

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING