Help documentation

VAT for United Kingdom

Value Added Tax or VAT is a tax that is charged on most goods and services, sold and rendered by several registered businesses in the UK.

To enable VAT for your Zoho Expense account, you should choose your country as United Kindgom while creating a new organisation.

Configuring VAT will allow you to associate VAT while recording expenses.

VAT Settings

To configure VAT settings for your Zoho Expense account:

Option Description
VAT registration Check the option if your business is registered for VAT.
VAT Registration Number Enter your organisation’s VAT registration number.
International Trade Check the option if you are making expenses in other EU/non-EU countries.

VAT Settings

Note: If the International Trade option is disabled, then all the expenses that are incurred in foreign currencies (non GBP) is assumed to be made in UK, and VAT will be enabled for those expenses.

VAT Rates

The UK government and the HMRC has defined the VAT rates. The below table provides more information about the government defined VAT rates.

Rate % of VAT What the rate applies to
Standard 20% Most goods and services
Reduced Rate 5% Some goods and services, eg: children’s car seats and home energy
Zero Rate 0% Zero-rated goods and services, eg: most food and children’s clothes

Adding a New VAT Rate

To add a new VAT rate:

New VAT

Applying VAT to expenses

To apply VAT to your expenses:

Applying VAT to expenses

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