My client offers online services to Gibraltar, Malta, IOM, Ireland, British Virgin Islands, and The Channel Islands.
As I understand it, IOM is charged VAT as UK. The others are not, but do any of them have to be disclosed on the EC sales list? Apparently, even reverse charge services have to go on this now, but I get so confused over the countries. I think Ireland will need to be shown, but not sure about the rest.
By the way, has anyone found a good course on the new VAT system that is due to come in next year for EU transactions? Really must get my head round that some more!
The ECSL needs to include sales to Ireland and Malta. See HMRC PN 725, para 2.4 for a list.
I am planning a brief course for the new MOSS rules. PM me for powerpoint material.
I include sales of services to Ireland and Germany on an EC sales list for a client. Im worried now that their T/o will be above the German VAT threshold before the MOSS comes in! Hope its ok if I have a copy of those notes as well Les? I will PM you.
Thanks
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
The only thing Im unsure of now is whether or not my client falls under the 'tbe' rules. He is a soccer pundit who appears on the telly, but also does some news articles for companies based all over the world. Those companies are the likes of eg SKY/BBC/Universal and other smaller companies who would themselves fall under the 'tbe' definition, but does my client? Also - he does all of his work through a limited company so it falls under the business to business rule, so MOSS will not apply (if Ive read it correctly)
Situation I also have now is that he has just signed a multi game contract (not to play but to commentate) in Germany, worth over £100k - so Im thinking .....should he now be registered in Germany for VAT? At the mo we do the odd invoice under the reverse charge scheme and report on the EC Sales list.
I have a customer who sells goods on Amazon and Ebay - currently not outside the UK, but he certainly wants to look at sales in EC so thats a completely different scenario.
My other initial pondering is - how will the accounts software all cope with this change in VAT dates - I know in Sage you can just choose a time period, but wonder if you can in all the others. Plus 20 days to produce the return - Im still waiting for a clients paperwork for their 31 July VAT return for the VAT deadline 7 Sep!!
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
