Purchases from suppliers in UK not registered for VAT
HMRC requires goods bought from a UK supplier who is not VAT registered to be included in Box 7. What code allows this in Quickbooks? It's not right to call them zero rated and they are not No VAT or exempt.
Purchases from suppliers in UK not registered for VAT
Hello ShanMac, thanks for posting on the Community page, if you have a look at this link it tells you all the different vat codes and what they are and where they post, if you are still unsure what code to put against it we advise you speak to a trained and qualified accountant who will be able to advise you on this as we are just technical support and not trained accountants.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
