VAT reverse charge - sales of services to an EU client, VAT-registered

Accounting
2

Hi @sasopuksic

Currently the reverse charging on QuickFile is only applicable to goods and not services. A manual adjustment would be needed for the moment.

Another user on the forum kindly posted this a while back, which may help: VAT Act 1994 Section 55A applies

Thank you for the offer of sharing the formulas from Excel. VAT is a vastly complex area, but it’s likely that this will be reviewed following Brexit.