Forum

• # 76441
• Mon 14 Nov 2011 06:49 PM

Hi


In brief, my client is VAT registered. Some of his expense receipts have no VAT number and yet some of the items definitely are VAT rated. If I can't enter the VAT amount that he has paid what VAT code should I enter (Sage)?? I accept that he cannot claim it without a valid VAT receipt/invoice


Many Thanks

Sandra   

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• # 76447
• Mon 14 Nov 2011 08:20 PM

Hi Sandra,

I would process these receipts with ‘T0’ (zero) tax code as the goods that the receipts relate to are neither exempt nor outside the scope. This will also ensure that the correct information is shown on the VAT return (Box 7). Hope this helps.

• Dave Reynolds

  Dataflow Business Services
   

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• # 76461
• Tue 15 Nov 2011 09:54 AM

Hi Sandra


May seem onerous however it is possibly worth while for you to double check with the supplier.  

It could well be that although the item is Vat rated, the Supplier might not be Vat registered. 

On the other hand some purchase receipts will not show the Vat breakdown unless the Client has asked for a VAT Receipt.  For example ....Tesco.


Just a foot note - do you have your Practice Licence yet?  Just that it is not showing, and you could get into trouble with the ICB if you have clients without it.   
  

Kind regards


Liz     


    

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• # 76463
• Tue 15 Nov 2011 10:02 AM

It would also be worth checking with the supplier if they are VAT Registered and ask for a note of their VAT number.  It would not be the first time that a company has not realised their VAT number is not pritned on their stationery.  Sometimes it is even on a really daft place on their stationery i.e. some retailers have it on the back of their till receipts in among all the other small print.

• Pamela Dillon FMAAT MICB

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• # 76465
• Tue 15 Nov 2011 11:29 AM

Hi

Thank-you to all of the above. Some of the receipts are indeed Tesco's; others are car park tickets which seem to be a bit of a mystery to most people. According to HMRC some can be VAT, some not. As we are currently talking about a few 50p's and £1's here and there I am not going to chase the issuing bodies to find out about the VAT.Thank-you also for the comment re Practise Licence. I did speak to ICB yesterday about it and also Indemnity Insurance so it hopefully I will have it in a couple of days.


Many Thanks


Sandra  

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• # 76466
• Tue 15 Nov 2011 11:55 AM

Hi Sandra



There’s no VAT on on-street parking, which at least that part of it easy. Off-street is difficult, as it varies and almost none of them give VAT receipts as a matter of course – and as you say, most people are unlikely to chase for small amounts of money.



Supermarkets are awkward, but if you look at their receipts, Sainsbury’s and Tesco’s do at least put a star beside those items on which they are charging VAT (although that might not be the end of the story, as the total VAT-able figure might be reduced by special offers which are only at the bottom of the receipt).



Danya

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• # 76470
• Tue 15 Nov 2011 01:26 PM

Hi

As i understand it offstreet car parking is standard rating (also excess charges) - can i ask, what should legally be shown on the car park ticket for vat purposes.

Regards

Acorn

• "Helping small acorns become large oaks"
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• # 76475
• Tue 15 Nov 2011 02:48 PM

Unfortunately, offstreet parking is not always standard rated. Multi-storey car parks will be, but with other car parks the only way to find out is to check with the provider (unless it’s on the receipt, which is pretty unlikely).

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• # 76478
• Tue 15 Nov 2011 03:13 PM

So complicated; and that's just car parks covered!

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