Where Taxpayers and Advisers Meet

VAT on train fares

Posts: 2
Joined: Wed Aug 06, 2008 3:10 pm

Postby lambpie » Wed Apr 14, 2004 1:50 am

Are train fares and travelcard fares vatable - should VAT be deducted when entering onto Sage or other similar accounts package.

Posts: 35
Joined: Wed Aug 06, 2008 3:05 pm

Postby peter@lavat.co.uk » Wed Apr 14, 2004 2:00 am

Hi Lambpie

Travel by public transport,including trains, is zero-rated.

Where you have an inclusive amount of taxable expenditure and you want to identify the VAT element you might like to try this: http://www.vatsolve.co.uk/vat_calc.htm

Kind regards


Return to “VAT & Excise Duties”