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
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,