Recent content by DorotaT

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    Setting up a business at home address

    I would like to register my business at my home address. The business would not hold any stock at all - the main activities will include marketing of the items on social media etc. as I would like to resell custom made products. Currently I have a mortgage on my house - I understand I need to...
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    PayPal fees on the invoice

    Another question: would you then set up nominal ledger for PayPal fees - as COST OF SALES on COA?
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    PayPal fees on the invoice

    Would you create a separate nominal ledger in SALES for it?
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    PayPal fees on the invoice

    Our client asked us to specify PayPal fees (which we charge them for payment through PayPal) on the invoice. When posting the invoice we treat it as reimbursement and record it as currency charges in SAGE instant accounts nominal code, as we pay the charges on money we receive. Or should we...
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    Tax Code for Outside EU on Sage

    I mean that I have to figure myself which one tax code apply...
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    Tax Code for Outside EU on Sage

    well..it probably depends which version of SAGE..as mine(Instant Accounts) does not seem to be so smart...
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    Tax Code for Outside EU on Sage

    and outside EU I think you just put is on T0 as zero rated.
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    Tax Code for Outside EU on Sage

    I think it should be as T7 for zero rated(or T8) for standard rated purchases in EC. It will show on your VAT return.