EC Sales lists - changes from 1 January 2010

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Rebecca Benneyworth looks at the amended requirements in relation to EC sales lists from 1 January 2010

EC Sales lists (ESLs) have been around for some years now. Those supplying goods within the EU which are taxed under the acquisition basis are required to submit sales lists on a quarterly basis listing the value of supplies made to, and the EU VAT numbers of each customer during the calendar quarter. This enables the cross border policing of the acquisition VAT – in broad terms in any event.

From January 2010, ESLs will also be required in respect of cross border supplies of services taxed under the reverse charge basis – which is similar to the acquisition basis for goods. However, at the same time some other changes are being implemented which will affect those...

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Rebecca Benneyworth
Partner
Rebecca Benneyworth Training Consultants
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04th Nov 2009 14:33

Red Tape

Goody .... More useless Government Red Tape to slow businesses down! Yay!

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05th Nov 2009 17:29

Explaining

reverse charging to clients is so much fun. They think you are taking the michael.

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