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Post Info TOPIC: Online VAT return and reversible charges
Markosta


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Online VAT return and reversible charges
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Hello

 

can you explain how this reverse charge works

Im filling in online VAT return and still trying to figure it out

A Freight forwarding company based in UK VAT registered

B customer UK company VAT registered

C transport company in France

Customer B gives goods for Freight forwarder A

Freight forwarder A appoints transport company C to deliver goods from UK to France

A invoices B for £1000+VAT

C invoices A for £800 with 0 VAT

Also company A bought Printer for business 200+VAT and want to claim VAT back

what is correct way to fill in online VAT return boxes 1,2,4,6,7

How is VAT reversible charges work?

 

Please please please help

Thanks in advance 



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Cheshire


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.. 

sorry - posted in error



-- Edited by Cheshire on Monday 27th of July 2015 07:21:32 PM

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 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
Markosta


Member

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Posts: 18
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Hello

 

can any one help here?

VAT return with reverse charges

is it right

box1 £360

box2 £0

box4 £200

box6 £1800

box7 £1600



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VinceH


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Please see the other thread in which you asked this question, in which I've attempted to answer it with some explanation of what I'm doing.:

www.book-keepers.org.uk/index.spark

Not sure how you got £1600 for box 7 - the only way I can get to that using the figures in your question is to include the French company's invoice twice.

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Vince M Hudd - Soft Rock Software

(I only came here looking for fellow apiarists...)
Markosta


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Thank you so much :)))



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