Archive for October, 2011

Post & Go ‘V2′ drops on Broadway SW1

The latest update to the Wincor Post & Go software has been activated at a single branch (Broadway, London SW1) on Thursday 13th October 2011.

This upgrade allows customers to post Recorded Signed For, Special Delivery, Airsure and International Signed For  Royal Mail products as well as Parcelforce Express items within the UK and to the EU.

For Post & Go stamp collectors a new value of 40g Worldwide becomes available from the ‘Buy Stamps’ menu as well as a facility to purchase the whole six values, dispensed in two strips of three.

Available to buy here :- http://www.ebay.co.uk/itm/170712531665

 

Horizon Label Accounting Codes-The Definitive Guide

On Monday 29th September 2011,  two new ‘accounting codes’ were added to the existing printed overprint applied at the time of posting to the Horizon label.

These codes are solely for the easy identification of the VAT rate/ product combination for each label, where a subsequent refund has to be made, ensuring any VAT is accounted for correctly.

There are 33 different “Royal Mail” codes and 4 different ‘Parcelforce’ codes- the table below shows the different codes that apply to each Label Identifier.

The ‘RM/PF ‘ Code maps to the Indicia- The ‘PPUK ‘Code maps to the VAT Rate.

Label Identifier

VAT Rate

Royal Mail Code

PP

UK Code

No.

1st

Exempt Rated VAT

a

4

1

1st

Zero Rated VAT

a

5

2

1L

Exempt Rated VAT

b

4

3

1L

Zero Rated VAT

b

5

4

1LL

Exempt Rated VAT

c

4

5

1LL

Zero Rated VAT

c

5

6

1PK

Exempt Rated VAT

d

4

7

1PK

Zero Rated VAT

d

5

8

2L

Exempt Rated VAT

e

4

9

2L

Zero Rated VAT

e

5

10

2LL

Exempt Rated VAT

f

4

11

2LL

Zero Rated VAT

f

5

12

2PK

Exempt Rated VAT

g

4

13

2PK

Zero Rated VAT

g

5

14

A

Exempt Rated VAT

h

4

15

A

Zero Rated VAT

h

5

16

AX

Zero Rated VAT

r

5

17

AX

Standard Rate VAT

r

6

18

RSF

Exempt Rated VAT

i

4

19

BL

Exempt Rated VAT

m

4

20

BLL

Exempt Rated VAT

n

4

21

BPK

Exempt Rated VAT

p

4

22

FF

Exempt Rated VAT

t

4

23

SU

Exempt Rated VAT

x

4

24

SU

Zero Rated VAT

x

5

25

SD

Exempt Rated VAT

y

4

26

SD

Zero Rated VAT

y

5

27

SD

Standard Rate VAT

y

6

28

SP

Exempt Rated VAT

z

4

29

SP

Standard Rate VAT

z

6

30

FP

Zero Rated VAT

o

5

31

FP

Exempt Rated VAT

o

4

32

FP

Standard Rate VAT

o

6

33

Label Identifier

VAT Rate

Parcelforce Code

PP

UK Code

BF

Exempt Rated VAT

5

7

34

PE

Zero Rated VAT

6

8

35

PS

Zero Rated VAT

7

8

36

PS

Standard Rate VAT

7

9

37

How do I work out what VAT is applicable to my item?

The applicable VAT rate for a particular postal item is determined by its destination.

For items being sent inland or within the EU then most items are ‘Exempt’ –

However, some Premium services are Standard Rate -e.g.-Special Delivery Next Day where

any ‘Add-ons’ are applied (Such as Saturday Guarantee) plus Airsure and Parcelforce “Express” services.

Outside of the EU then items are ‘Zero’ rated (including the Channel Islands).

Example codes:-

Special Delivery’ – Next Day would be ‘y4′,

Next Day with Sat G’tee is ‘y6′ and

SD to Channel Islands is ‘y5′

Please do not copy this information without attributing the source – Copyright Postagelabelsuk.com 2011