 CAUTION: This guide features the most common scenarios for trading between the UK and EU only in Sage 50 Accounts v27.1 and above.
For more detailed help, and guidance for domestic trade, and trade between UK and the rest of the world, or if you are using Sage 50 Accounts v27.0 or below, please visit the Which tax code should I use? - from 1 January 2021 (UK only) guide. The tax codes below are the default tax codes set up in Sage 50 Accounts v27.1, these may be different in your software. Sales goods| Before Brexit | After Brexit | | Based in England, Wales and Scotland | Based in Northern Ireland | T0 (box 6), T1 (boxes 1 and 6) or T2 (box 6)
Sale of goods - no VAT registration provided | T0 (box 6) - Zero rates transactions - assuming sale is zero rated | No change: T0 (box 6), T1 (Boxes 1 and 6) or T2 (Box 6). | T4 (boxes 6 and 8)
Sales of goods to VAT registered customers in EC | T0 (box 6) - Zero rates transactions - assuming sale is zero rated | No change: T4 (boxes 6 and 8) - Sales of goods to VAT registered customers in EC |
Sales services| Before Brexit | After Brexit | | England, Wales and Scotland | Northern Ireland | T1 (boxes 1 and 6)
Sale of services - no VAT registration provided | No change: T1 (boxes 1 and 6) - Standard rated transactions | T22 (box 6)
Sales of services to VAT registered customers in EC | T0 (box 6) - Zero rates transactions |
Purchase goods| Before Brexit | After Brexit | | England, Wales and Scotland | Northern Ireland | T7 (boxes 7 and 9)
Zero rated purchases of goods from suppliers in EC | - T17 (boxes 1, 4 and 7) - Import of goods - Under import reverse charge threshold of £135
- T18 (boxes 1, 4 and 7) - Import of goods - Postponed VAT Accounting. More details >
- T14 (box 7) - Import of goods - No VAT. More details >
(this code was introduced in Sage 50 Accounts v27.2)
| No change: T7 (boxes 7 and 9) - Zero rated purchases of goods from suppliers in EC | T8 (boxes 2, 4, 7 and 9)
Standard rated purchases of goods from suppliers in EC | - T17 (boxes 1, 4 and 7) - Import of goods - Under import reverse charge threshold of £135
- T18 (boxes 1, 4 and 7) - Import of goods - Postponed VAT Accounting. More details >
- T19 (boxes 4 and 7) - Import of goods - VAT not Postponed VAT Accounting. More details >
| No change: T8 (boxes 2, 4, 7 and 9) - Standard rated purchases of goods from suppliers in EC |
Purchase services| Before Brexit | After Brexit | | England, Wales and Scotland | Northern Ireland | T23 (boxes 6 and 7)
Purchase of services - no VAT | T16 (box 7) - Purchase of services from Rest of world - No VAT | T24 (boxes 1, 4, 6 and 7)
Purchase of services - reverse charge | T15 (boxes 1, 4, 6 and 7) - Purchase of services from Rest of world - Reverse charge |
[BCB:44:Accounts VAT disclaimer:ECB] [BCB:97:Limitless - 50 Accounts - VAT:ECB] [BCB:19:UK - Sales message :ECB] |