Forum Message

Purchases from non-VAT registered supplier

If I buy goods or services from a non VAT registered supplier
Do I
1: Treat the transaction as out of scope for VAT on the drop down box, or
2: Just record transaction as a zero rated ?

Many thanks

Tony


Posted by Tony Trimby on Sep 3, 2009 3:03 PM BST

Hello Tony,

My understanding is that purchases from a non-VAT registered supplier are 'zero rated'. However, I recommend you check this with your accountant or the VAT help line on 0845 010 9000.

Cheers,


Posted by Mark McLaren (Solar Accounts) on Sep 3, 2009 3:24 PM BST