Very quick question
The supply of services - ie not goods = around EU where you have the customers business vat number - are you required to submit EC sales / intrastat + lists ?
Box 8 on HMRC VAT return to be completed FOR SERVICES or is it soley re goods + related[goods related] services
So for services is it , box8 and no EC Sales/intrastat ?
As an aside - Do Northern Ireland VAT numbers, start with NI ? but these do not conform with the code structure
many thanks
Replies (7)
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EC Sales list fort services. Intastat only applies to the movement of goods and box 8 goods and services. N Ireland VAT numbers the same as mainland - therefore GB
Box 8
Just to clarify that Box 8 on the VAT return is for the value of goods and related services (e.g: freight) only. Otherwise, services do not appear in Box 8 (or Box 9), but will require an EC Sales List quarterly and no Intrastat return.
EC purchases goods & services?
What entries on Return for purchases goods & services from EU?
Not the original question
What entries on Return for purchases goods & services from EU?
It is a bigger issue, but in brief:
For the purchase of goods, you need to account for acquisition tax (at 20% of the value of the goods) in Box 2 and include the same amount of VAT as input tax in Box 4. The value of the goods and any related services, such as freight, are included as inputs in Box 9.For the purchase of services, which are likely to be treated as supplied in the UK, you account for reverse charge tax (at 20% of the value of the services) in Box 1 and include the same amount of VAT as input tax in Box 4.
Box 4 entries will be the same as box 1 and 2 entries spo long as the company is fully taxable. If it is not, then there will possibly be a difference dependent on the recovery percentage under Partial Exemption.