Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚

EC Acquisitions/Reverse Charge

NickyWNickyW Feels At HomeRegistered Posts: 97
Hello everyone. I have a real mental block where EC purchases are concerned.

Am I right with the following:-
If I have a purchase invoice for say £100 (equivalent) from an EC supplier, where the VAT is 0% and the invoice is for goods - I would fill in the following boxes on the VAT return
Box 2. 20.00
Box 4. 20.00
Box 7. 100.00
Box 9. 100.00
Am I right in thinking that any invoice from an EC supplier, you would work out what the VAT would be if buying in the UK and put this figure in Boxes 2 and 4.

If I have an invoice for the same amount where the reverse charge mechanism applies. I would fill in the following boxes:-
Box 1. 20.00
Box 4 20.00
Box 7. 100.00
Box 9 100.00

I hope I am making sense!



  • Gem7321Gem7321 Experienced Mentor DevonMAAT, AAT Licensed Accountant Posts: 1,438
    You don't put reverse charge transactions in box 9, you put them in box 6 and 7 so the net effect is nil. Otherwise looks good to me.
Sign In or Register to comment.