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Post Info TOPIC: VAT return box 6


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VAT return box 6
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if you classify sales which are outside the scope of VAT or zero rated - does the sales value still appear in Box 6?

 

 



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Thanks, Nadia.



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Zero rated should. Outside the scope of VAT shouldn't.


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Vince M Hudd - Soft Rock Software

(I only came here looking for fellow apiarists...)



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Thank you

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Thanks, Nadia.



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I'm now wondering what sales you would make that are outside the scope?

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Steve


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I don't know what the nature of the business in question is - but consider that if you can have expenditure that's outside the scope of VAT, then somebody somewhere must be selling whatever goods or services to you that forms your non-VAT expenditure; logically, those sales must be outside the scope of VAT as well.

Insurance springs to mind, for example. (I've never done anything for any insurance companies or brokers, so my logic based assumption might be so wide of the mark it can't even see the mark on the horizon).

And now that I've mentioned insurance, I have a niggling little voice telling that at some point in the dim and distant past, NA_AA may have mentioned an working for an insurance broker. But I could just be making that up.



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Vince M Hudd - Soft Rock Software

(I only came here looking for fellow apiarists...)



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And a quick look back at her first few posts reveals it to be a pharmacy. So I up made the insurance broker part. :)



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Vince M Hudd - Soft Rock Software

(I only came here looking for fellow apiarists...)



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VinceH wrote:

And a quick look back at her first few posts reveals it to be a pharmacy. So I up made the insurance broker part. :)


 I make things up all the time :)

My thought process went a bit like this. If you are VAT registered then won't your sales either be liable for VAT, zero rated or exempt.

As you see my understanding of VAT is veeeeeeery limited :)



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Steve
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