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Old July 26th 16, 08:26 PM posted to
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Default How to treat a purchase from a EC member state on the VAT return.

Hi I just wondered if you can give some advice on the following....

We have recently used a supplier in another EC Member State, they have printed for us brochures at a cost of £25000 (no vat as zero rated)

These brochures have then been delivered to us in the UK. The printers have issued us an invoice in sterling Now when it comes to filling in the VAT return, would I need to:

Show this purchase as an entry in BOX 9 (Total value of acquisitions of goods and related costs excluding any VAT, from other EC Member States) of the VAT return or should this not be the case as printing I would deem as a service NOT actual goods?

I assume that this would also be included in BOX 7 (Total value of purchases and all other inputs excluding any VAT )

Also I have heard about reverse charge accounting, where Boxes 1 (Vat Due in this period on sales and other outputs) or BOX2 (Vat due in this period on acquisitions from other EC Member States) and Box 4 (Vat Reclaimed in this period on purchases and other inputs – including acquisitions from the EC) are completed. As there is no VAT on the printing in this case then would these be left as zero £ or would you have to calculate 20% on the purchase side and 20% on the input side to cancel each other out??

Any help most welcome..

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