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Post Info TOPIC: The Correct T Code on Line 50
linda19


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The Correct T Code on Line 50
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I Have a Client who sells materials to Vessels, they could be anywhere ? I am not sure where the ship is at the time! Do i put this to T9 Code Sales Excluding Vat?



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Wella


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Probably need a bit more info as to the type of supply and location.

There is a whole host of information regarding ship, from the supply of ships, to the duty free on board ships.

Bill

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linda19


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He sells equipment to ships, working ships, they could be anywhere at the time. I think the material is flown on to the ship. He doesnt charge VAT. There are only freight costs.
An example is for a company based in Norway so the sales inv goes to the head office but the materials are delivered to ship in the sea.!



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Wella


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Hi Linda

The supply should be T0 as the it will an export and therefore zero rated.

T9 is used for items taht fall outside scope of VAT and would leave the supply out of the VAT return.

HTH
Bill



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gbm


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Isn't it ships = travel = zero?

So all his sales would be zero, even if the ships were in UK?



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Wella


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gbm wrote:
So all his sales would be zero, even if the ships were in UK?
Only if they are seaworthy biggrin


 



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