Hi all, I am preparing for my first ever VAT return and my business is providing service to a EU based company. In some of my invoice I have EC reversed charge and in some other (post brexit) I use zero rated VAT.
I do not really understand what EC Sales List are for and whether I need to register on HMRC for them first or not.
Do quickfile handle that for me automatically ? Does it includes “Reverse Charge Sales List” ?
In my settings for VAT return I have this option:
Enable EC Sales Filing:
Check this box if you are making EC Sales and you need to digitally file an EC Sales List to HMRC.
How do I know if I should answer yes here, and what are the consequences ?
Do I need to have MTD enabled first too or is it a separate thing ?