Hi there, I have a client that has a retail business and have started to use Facebook Ireland Ltd as part of advertising etc, any ideas what tax code to use, I think it should be T24 on sage any advice appreciated. Thanks very much.
From what I can see, they are registered in Dublin, so I cant see why you don't use T24. You could always use T8
To be honest Sage Tax Codes are a load of rubbish, as far as I'm concerned, as long as the input and output vat figure is correct, you can shove it in any code you like.
but thats my opinion and probably not the same as the VAT man.
Depends if he is purchasing Advertising or a Service - T8 for purchase of goods / T24 for purchase of a service
T7 - Zero rated purchases from suppliers in EC T8 - Standard rated purchases from suppliers in EC T23 - Zero rated purchases of services from suppliers in EC T24 - Standard rated purchases of services from suppliers in EC
When using the Tax codes just always make sure the tick boxes are correct ie include in VAT return / EC Code & ofcourse now reverse charge. As both T8 & T24 are ticked the same, either would be on reports correctly.
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Donna Curling - Complete Book-Keeping Ltd (CBKLtd) - 07939 101900
To be honest Sage Tax Codes are a load of rubbish, as far as I'm concerned, as long as the input and output vat figure is correct, you can shove it in any code you like.
but thats my opinion and probably not the same as the VAT man.
that one was in Bulgaria, we've not had many of those.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Hey Shaun, wasn't there something about not being able to post on old threads, or am I getting confused with aweb? Might be an idea to prevent postings after, say, a couple of months, or at the very least, come to you first for approval.
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John
Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
I'm more for a complete ban on Indian and Pakistani IP addresses. A few years ago we did that with Alaska as we had A LOT! of spam coming from there.
SWZWQSQWD... how lazy was that. they couldn't even be bother to move their left hand. just wiggle the fingers, post. Set up another account, wiggle fingers post. All dat every day from a click farm knowing full well that 95% of their posts will be deleted.
I'm adverse to locking any threads without good reason. Used to be that we would go back in and correct them when regualtions changed but non of us seem to have the time anymore!
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
