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How do OSS/IOSS transactions affect my VAT Return/RTD? - ROI

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Summary

In Sage 50cloud Accounts, when you post a transaction with a One Stop Shop (OSS) tax code, it affects your VAT Return and RTD depending whether it's for goods or services.

Resolution

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When you post a transaction with a OSS/IOSS tax code, how it affects your VAT Return depends on whether the tax code is set up for OSS goods or services.

The table below gives details of how your VAT Return and RTD are affected:

Report typeEffect on VAT ReturnEffect on RTD
GoodsServices
Union OSSNET: Boxes 6 and 8NET: Box 6NET: Boxes D1 and Z1

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