Hi Could anyone please clarify the Box 6 treatment in the VAT return for the following:
Sale from UK to USA
As I understand it there are two available treatments:
1. Code the sale out of scope so it would appear nowhere on the VAT return. Company sales would then not agree to Box 6 total.
2. Code the sale zero rated (assume criteria for this are met) Sale shows in Box 6 of the VAT return. Company sales agree to Box 6.
Is this correct?
If you meet the criteria for zero rating, do you have a choice about which method you choose?