Hi I recently bought a travel ticket through an agency, and since airline taxes are weird, I can see my Card was charged in a few steps - £550 * 2 for two tickets (airline taxes included, no VAT) and a separate £80 which is the VAT on the whole ticket. I have no idea how to tag this £80 in my bank …

You could just add VAT to the £550 line - as long as it’s accounted for, then it’s fine. Your entered purchase invoice doesn’t have to match exactly - as long as everything is accounted for and the values are the same, then it should be fine. However, £80 isn’t 20% of £550. Do you know what rate it…

I thought plane tickets were zero-rated, or am I out of date on that? What exactly does the invoice say the VAT is for?

My bad everybody. Thanks a lot for chipping in with the answers. I checked in the invoice which they had sent and called up their customer care - and the say the remaining amount is non-taxable but are ‘service’ fees. So I don’t need to tag it as VAT at all. Thanks again everybody! Just being a noo…

That’s a brilliant idea! I’ll keep that in mind the next time VAT gets separately charged on my card :smile:

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100% VAT only invoice

Accounting

Glenn 25 February 2015 10:11 5

Glad you solved this.

For anyone else looking to post a VAT only invoice, this is possible using two lines on a single invoice, the second line effectively reversing the net amounts.

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