Goods from US to UK outside the scope of VAT?

Accounting
1

Can someone please clarify. If goods are imported from the US to the UK, when the invoice is created is it marked as outside the scope of UK VAT or is it just created as a normal invoice, but the VAT is set to 0%?

Which method is correct?

Thank you.

2

Hello @Marcus_West

It would depend on what you need to show on the vat return.

The article below may help

https://support.quickfile.co.uk/t/vat-options-explained/40202

Please refer to your accountant if you are not sure how this should be reflected on the return as we are not registered accountants nor bookkeepers.

3
4

This topic was automatically closed 14 days after the last reply. New replies are no longer allowed.