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Post Info TOPIC: What SAGE tax code to use
DoreenL1


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What SAGE tax code to use
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Non director has bought fuel for his company vehicle and has lost the receipt. I can't claim VAT as no receipt so what tax code do I use T9 or T0?



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Artois


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If no receipt how do yo know they bought fuel?

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Doug

These are only my opinions of how I see things and therefore should not be taken as advice
The Sage Lady


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Hi Doreen

We would recommend setting up a new tax code for suppliers not VAT registered or no VAT receipt, we recommend T10 to be flagged to be included on the VAT return. This reports in the same place on the VAT return as T0 and T2, so if you don't feel like setting up a new code, then we'd opt for T0 in your example above.

I wrote a blog about this here sageaccountssolutions.co.uk/2022/04/26/which-sage-50-tax-code-do-i-use-for-suppliers-not-vat-registered/

If you need any help, hop over to our free Sage 50 Accounts support community on Facebook www.facebook.com/groups/sage50accounts

Take care,

Bec
aka "The Sage Lady"
Sage Accounts Solutions Limited
www.sageaccountssolutions.co.uk

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Bec Wooderson aka "The Sage Lady"
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