Sage Tips VAT Scale Charges

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Sage Construct Advanced
Sage Construction Software integrates with Sage Payroll and Accounts systems, to make them specific to the construction industry:

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Construct Advanced users eliminate double entry and keep tighter control of project costs.

Sage Tip - VAT Scale Charges

The Scale Charges will keep changing so I am unable to quote you precise values in-case I am unable to update this in time.

The basics are fairly straight forward, however. A proportion of of the VAT which you reclaim on vehicle expenses is related to personal use of vehicles and the VAT man wants it back, as opposed to everyone arguing over how much is personal use and how much is business related, there is a set charge applied to each vehicle.

The amount of this charge is dependant on the size and type of engine the vehicle has, i.e. petrol, diesel, LPG etc. The customs and excise website will give you the current rates and the rules on how they must be applied.

If you go to the modules menu, you will find a wizard to simplify the process. You simply add up the total of the scale charges for all your vehicles which are also used privately and enter it. Sage 50 Accounts will do the rest.

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