VAT Codes (Twinfield)

These codes allow the VAT to be automatically calculated during data entry. The VAT codes are linked to specific boxes on the VAT Return form; therefore, it is essential to have these codes setup correctly.

Click the settings icon.   the select company settings 

Select the VAT icon to display the list of VAT codes.

Select 'S-Exempt'.

VAT rates are listed in date order, click this option to add a new rate

Click the VAT rate.