Tax Rate on Sales Invoice

[Glenfield]

Hello

 

Can you tell me how to distinguish between Zero Rated and Exempt tax rate on https://api.accounting.sage.com/v3.1/sales_invoices message.

 

Thanks

 

Ken 

[Steel, Mark]

Hi @Glenfield,

 

Thank you for your post.

 

Distinguishing between Zero and exempt rated invoice items is not something Sage can help you with as this is decided by HMRC.

The below guide should help underline the core differences - https://www.gov.uk/guidance/rates-of-vat-on-different-goods-and-services.

 

Thanks

 

Mark Steel

[Glenfield]

Hi Mark

 

Sorry misunderstood me.

 

In the api message we send to sage cloud how do we tell the api it is zero rated or exempt.

 

At the moment the api message set all zero vat to no vat.

 

Best regards 

 

Ken

[Steel, Mark]

@Glenfield

Presuming the business in question is VAT registered, the tax_rate_id is set on the individual item line of the sales invoice POST/PUT request with the id of the required tax_rate.

A list of id’s can be returned using the tax_rates API https://developer.sage.com/accounting/reference/taxes/#tag/Tax-Rates/operation/getTaxRates.

The VAT Scheme a business is using can be returned from the financial_settings API -  https://developer.sage.com/accounting/reference/settings/#tag/Financial-Settings/operation/getFinancialSettings

For a UK business they should be :

 

"$items": [

{

"id": "GB_STANDARD",

"displayed_as": "Standard 20.00%",

"$path": "/tax_rates/GB_STANDARD"

},

{

"id": "GB_LOWER",

"displayed_as": "Lower Rate 5.00%",

"$path": "/tax_rates/GB_LOWER"

},

{

"id": "GB_ZERO",

"displayed_as": "Zero Rated 0.00%",

"$path": "/tax_rates/GB_ZERO"

},

{

"id": "GB_EXEMPT",

"displayed_as": "Exempt 0.00%",

"$path": "/tax_rates/GB_EXEMPT"

},

{

"id": "GB_NO_TAX",

"displayed_as": "No VAT",

"$path": "/tax_rates/GB_NO_TAX"

}

]