United Kingdom Nature of Transaction Code

10

All transactions involving or intended change of ownership for a consideration

16

Credit note (where the goods are not returned). To reconcile the figures on the SD with the VAT return, credit notes can be entered using NOTC 16 (the 6 indicates a minus figure).Please note: the credit note system must not be used for correcting value errors.

17

Transactions which must be included on SDs but not shown in boxes 8 or 9 of VAT return

18

Transactions which must be included in boxes 8 or 9 of the VAT return but are not required on the SD

20

Returned goods and replacement goods (free of charge)

30

Free of charge (FOC) transactions involving permanent change of ownership. Goods that are supplied free of charge may not have a taxable value but do require a value for statistical purposes only.

40

Goods sent or received for processing

50

Goods returned or received following processing

70

Joint defence or other joint inter-governmental production programmes (for example, Airbus)

80

Supply of building materials and equipment as part of a general construction or engineering contract

90

Other transactions which don't fit any of the above descriptions. This code should be used for goods sent on hire or operational lease for a period exceeding two years

10

All transactions involving or intended change of ownership for a consideration except those appropriate to NoTC 2, 7, or 8 (first digit).

16

All transactions involving or intended change of ownership for a consideration except those appropriate to NoTC 2, 7, or 8 (first digit). Credit note values, for example, an amount used to reduce the overall value. The second digit ‘6’ acts as a negative value for VAT or Intrastat comparison purposes.

17

All transactions involving or intended change of ownership for a consideration except those appropriate to NoTC 2, 7, or 8 (first digit). Transactions which must be declared on SDs, but are not shown in boxes 8 or 9 of the VAT Return. Goods arriving in an excise or fiscal warehouse (where the date of arrival, rather than the tax point is being used).

18

All transactions involving or intended change of ownership for a consideration except those appropriate to NoTC 2, 7, or 8 (first digit). Transactions which are declared in boxes 8 or 9 of the VAT Return, but are only required on the SD for reconciliation purposes. Goods leaving an excise or fiscal warehouse (to home use in the UK) where the tax point has not been used to declare the arrival, stage payments made when no movement of goods occurs, or final stage payment.

20

Returned goods and replacement goods.

30

Free of charge (FOC) transactions involving permanent change of ownership.

37

Free of charge (FOC) transactions involving permanent change of ownership. Transactions which must be declared on SDs, but are not shown in boxes 8 or 9 of the VAT Return,

38

Free of charge (FOC) transactions involving permanent change of ownership. Transactions which are declared in boxes 8 or 9 of the VAT Return, but are only required on the SD for reconciliation purposes.

40

Goods sent or received for processing with no change of ownership. Goods sent for processing will return to the UK, or are being returned to the original dispatching MS.

50

Goods returned or received following processing with no change of ownership. Goods are being returned or received after being sent for processing using NoTC 40.

70

Joint defence projects or other joint inter-governmental production programmes (for example, Airbus).

77

Joint defence projects or other joint inter-governmental production programmes (for example, Airbus). Transactions which must be declared on SDs, but are not shown in boxes 8 or 9 of the VAT Return.

78

Joint defence projects or other joint inter-governmental production programmes (for example, Airbus). Transactions which are declared in boxes 8 or 9 of the VAT Return, but are only required on the SD for reconciliation purposes.

80

Transactions involving the supply of building materials and technical equipment under a general construction or civil engineering contract for which no separate invoicing of the goods is required and an invoice for the total contract is issued.

87

Transactions involving the supply of building materials and technical equipment under a general construction or civil engineering contract for which no separate invoicing of the goods is required and an invoice for the total contract is issued. Transactions which must be declared on SDs, but are not shown in boxes 8 or 9 of the VAT Return.

88

Transactions involving the supply of building materials and technical equipment under a general construction or civil engineering contract for which no separate invoicing of the goods is required and an invoice for the total contract is issued. Transactions which are declared in boxes 8 or 9 of the VAT Return, but are only required on the SD for reconciliation purposes.

90

Other transactions which don't fit any of the descriptions.

97

Other transactions which don't fit any of the descriptions. Transactions which must be declared on SDs, but are not shown in boxes 8 or 9 of the VAT Return, Goods are sent on an operational lease that is intended to cover a period longer than 2 years.

98

Other transactions which don't fit any of the descriptions. Transactions which are declared in boxes 8 or 9 of the VAT Return, but are only required on the SD for reconciliation purposes.