SAGE STANDARD VAT CODES – PURCHASE AND SALES OF GOODS TO EU

Written by Pimbrook Support on 14th March 2019.

_{SAGE STANDARD VAT CODES – PURCHASE AND SALES OF GOODS TO EU}
_{Transaction Type}	_{Goods/Services}	_Sale/Resale	_{Sage Tax Code to Use}	_Description
_{SALES TO EU CUSTOMERS}	_GOODS	_N/A	_T4	_{Sales of goods to VAT registered customers in EU}
	_SERVICES	_N/A	_T22	_{Sales of services to VAT registered customers in EU}
_{PURCHASE FROM EU SUPPLIERS}	_GOODS	_RESALE	_T5	_{Exempt – rated purchase of goods from suppliers in EU}
			_T7	_{Zero – rated purchase of goods from suppliers in EU}
			_T8	_{Standard – rated purchase of goods from suppliers in EU}
			_T25	_{Reduced – rated purchase of goods from suppliers in EU}
			_T29	_{Second Reduced – rated purchase of goods from suppliers in EU}
_{PURCHASE FROM EU SUPPLIERS}	_GOODS	_{NON RESALE}	_T15	_{Exempt – rated purchase of goods from suppliers in EU}
			_T17	_{Zero – rated purchase of goods from suppliers in EU}
			_T18	_{Standard – rated purchase of goods from suppliers in EU}
			_T26	_{Reduced – rated purchase of goods from suppliers in EU}
			_T30	_{Second Reduced – rated purchase of goods from suppliers in EU}
_{PURCHASE FROM EU SUPPLIERS}	_SERVICES		_T23	_{Zero – rated purchase of services from suppliers in EU}
			_T24	_{Standard – rated purchase of services from suppliers in EU}
			_T25	_{Reduced – rated purchase of services from suppliers in EU}