1. Welcome to UKBF! Check out our FAQ guide.

VAT on Train tickets

Discussion in 'Accounts & Finance' started by julie86, Jul 1, 2009.

  1. julie86

    julie86 UKBF Regular Free Member

    Posts: 15 Likes: 0
    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
  2. Karl89

    Karl89 UKBF Newcomer Free Member

    Posts: 20 Likes: 6
    All public transport is zero-rated so you can't claim VAT back on the train tickets.
    • Thanks Thanks x 1
  3. elainec100@cheapaccounting

    elainec100@cheapaccounting UKBF Regular Full Member

    Posts: 13,271 Likes: 2,871
    • Thanks Thanks x 1
  4. KidsBeeHappy

    KidsBeeHappy UKBF Regular Full Member

    Posts: 7,358 Likes: 1,580

    All public passenger transport.
    • Thanks Thanks x 1
  5. weebly_one

    weebly_one UKBF Contributor Free Member

    Posts: 439 Likes: 66
    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
  6. David Griffiths

    David Griffiths UKBF Regular Moderator

    Posts: 9,956 Likes: 3,160
    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.
  7. UKSBD

    UKSBD UKBF Regular Full Member

    Posts: 5,985 Likes: 1,107

    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?
  8. David Griffiths

    David Griffiths UKBF Regular Moderator

    Posts: 9,956 Likes: 3,160
    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!)