VAT on Train tickets

[julie86]

Hi all

Can you claim VAT on rail tickets? I think they are zero rated so no?? Confirmation needed though!!

Does anyone know of a "list" that shows all reclaimable VAT expenses?

Thanks in advance.

Julie

[Karl89]

All public transport is zero-rated so you can't claim VAT back on the train tickets.

[elainec100@cheapaccounting]

Does anyone know of a "list" that shows all reclaimable VAT expenses?

Thanks in advance.

Julie

If you haven't got a vat receipt then you shouldn't reclaim see here:

http://www.hmrc.gov.uk/vat/managing/reclaiming/reclaim.htm

[KidsBeeHappy]

All public transport is zero-rated so you can't claim VAT back on the train tickets.


All public passenger transport.

[weebly_one]

All public transport is zero-rated so you can't claim VAT back on the train tickets.

Should the whole value of the train ticket appear on the VAT return in box 6, or should it not appear at all?

I have had conflicting advice about this in the past. In Sage I used to use T9 for train tickets, but changed to T2 (exempt) following advice I had, but just wanted this backing up. Are train tickets exempt or zero rated?

Many thanks

[David Griffiths]

I think you mean box 7? In which case the answer is yes, as the supply is zero rated.

It's been said above that all public passenger transport is zero rated. Taxi fares are standard rated, but there's a good chance that the driver isn't VAT registered.

If the transport is in any vehicle designed or adapted to carry not less than 10 people, it's zero rate. Needless to say, as it's VAT, there are ifs buts and exceptions.

[UKSBD]

If you haven't got a vat receipt then you shouldn't reclaim see here:

http://www.hmrc.gov.uk/vat/managing/reclaiming/reclaim.htm


A bit off-topic, but what is the best way of accounting for not having
a VAT invoice?

I used to be hopeless at keeping VAT receipts (better now, but still lose
the odd one or two)
This means I effectively have 2 spreadsheets each month.
1 for VAT purposes, 1 for main accounts.
I only include items I have VAT receipts for in my VAT spreadsheet.

I dare say your answer will be, keep all VAT receipts more carefully"
but is doing it the way I do best if I haven't got all receipts?

[David Griffiths]

As Elaine says, you shouldn't claim VAT if you don't have a VAT invoice. But I don't see why you need to keep two spreadsheets. Just put those items with no VAT receipts down without claiming VAT.

(I'm one of the school that thinks that keeping accounts records on spreadsheets is a bad idea, btw!)