indirect tax - box 1

sheryl1985
sheryl1985 Registered Posts: 2
in Chat and off-topic discussion
Hello, do zero rated purchases from outside the EU go in box 1 of a vat return. I asked my tutor and he said yes but then other people have told me no. Also if it does is it just the amount of the purchase (because the vat is zero rated)?

Thank you :)

Comments

  • Ellada
    Ellada Registered Posts: 43
    No. Box 1 is VAT on Sales. Box 9 is for net EU purchases
    sheryl1985
  • sheryl1985
    sheryl1985 Registered Posts: 2
    Great thank you, i thought that but when I asked he just really confused me :)

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