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martin2

Outside Scope of VAT Tax rates

Posted By

We are on version 11 patch 12, but this is a question for any version and patch level.

X3 allows you to set up Tax Rates, which isn't an issue. These then link through to the VAT Reporting, and in UK the BRI legislation. Using the MTD VAT Box setup, we can assign the Tax Rates to the correct VAT Boxes on the form.

The question is, How do we exclude VAT Rates which are Outside the Scope of VAT, and therefore should not be included on the VAT Return? 

When running any of the VAT Declarations, VAT Returns we get errors stating the Outside Scope rates are missing for the VAT Box setup. Yes we know, we don't want to include them.

Thanks

  • 0

    Not sure if this will assist but we have a KB referencing the Outside Scope of VAT here:

    Post Brexit Custom Duties Recording

    Created on 10-18-2019 | Last modified on 11-18-2020

    Summary

    How will the Custom Duties be recorded post Brexit?

    Resolution

    When recording an invoice from an overseas supplier, if the goods have not left the customs warehouse, the invoice will be Outside Scope of VAT (No VAT).

    When recording an invoice from an overseas supplier, if the goods have left the customs warehouse, the invoice will be zero rated, and will impact boxes 7 and 9

    Postponed Accounting In Use - 

    A new form will be used for customs connected with postponed accounting, naming convention has not been shared.

    Any customers recording customs duties will have ‘Customs Account’ (or other named equivalent e.g. name of Import company or HMRC) set up as a supplier within the system. When the form is received they will record a Purchase invoice against that supplier

    Postponed Accounting Not in Use - Any customers recording customs duties will have ‘C79 Account’  set up as a supplier within the system. When a C79 is received they will record a Purchase invoice against that supplier.

  • 0 in reply to Rafael

    Thanks Rafael

    Not really.

    I am looking more from a setting up point of view. as in How do we set the Tax Rates to be excluded from the MTD extraction process, if it is Outside the Scope. Currently if a Tax Rate is linked to a company and that company is BRI legislation, it doesn't matter whether it is exempt. outside the scope not relevant to that company, it gets included, and therefore throws errors when running MTD extraction, or any UK VAT related VAT reports.

    You used to be able to exclude Tax Rates in the Crystal Report prior to MTD. You can't dot hat know as it is function based.

    Thanks

    Martin

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