I sell on Amazon and I if sell to UK based business customer I create normal invoice like 10 +2%vat, but how to prepare invoice for EU customer? Can I make 12 with 0% vat?(they pay 12 not 10)
Hi @awariat
Do you sell digital services at all? If not, you should be charging VAT at the standard UK rates of 0, 5 or 20%. Reverse charge should only be applied if they have supplied their VAT number to you to show they are registered.
If you sell digital services to other EU countries, it becomes a bit more complex because of VAT MOSS rules.
However, I’m not an accountant, and I would certainly recommend running things like this past yours to be sure it’s correct.
Hi Matthew. We sell normal goods. How can apply reverse charge on invoice for customer. I can’t see this when I try create invoice(it is on purchase invoices). You mean 0 VAT?
The same setup applies to clients as it does with suppliers - you need to select them as registered in another EC member state. There’s more on this here
I’m not quite sure what you mean by this, sorry.
0%Vat - if I sell to EU business customer I should create invoice without Vat(0Vat).
If you show it as 20% and reverse charge it, the 20% is taken back off again. Even at 0%, the monetary value is the same.
This is something I would double check with someone a bit more qualified than me however