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Lisa68


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Tax Codes
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Good Evening

Can someone please confirm the tax code for Rent & Rates, am I correct in that Rent would come under tax code T0 and Rates T2.

Lisa



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Lisa Jo


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Rates are exempt T2, & Rent is usually vatable (if registered for vat), it not then T0. Hope this helps

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RobH


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With rent there is an option to tax but presumably there is no vat on the invoice so I would put to T0. I would also agree with T2 for rates.

A dog is not just for Christmas eh Lisa? He's a hansdome fellow...good to have a dog on here after all these cats!!

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Rob
www.accounts-solutions.com
Lisa68


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Thankyou for that, i'm going to be doing the sage certificate of competency test tomorrow and was just refreshing my memory...

Bless him, he does look cute all dressed up smile

Like the new picture Rob biggrin



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