What do I need to enter against the VAT STD and VAT RED lines at the bottom of the coding slip?

The VAT lines on the coding slip are used to record the value of the VAT included in the total amount being banked.

The value entered against the VAT STD line should represent the VAT at 20% for all income coded to VAT category code S and the VAT RED line should represent the VAT at 5% for all income coded to VAT category code R.

No ledger codes should be entered against the VAT lines.

The total of the ledger codes lines together with the VAT lines should total the amount being banked.