BREXIT

Question asked by PHIL DOWNING 1 year ago

We import from one German company.

How will the EU vat aspect be handled by Clearbooks?

6 Replies

Hi Philip,

At present this would be handle via the reverse charge function in Clear Books. This will allow you to record the VAT appropriately. We would also advise speaking to an account, just to be sure.

Please see the guide below.

How to account for Reverse Charge and Acquisition Tax

All the best,

Mohamed.

Thanks Mohamed......some reading to do!

Hi Phillip,

You're very welcome.

All the best,

Mohamed.

Hi Mohamed,

Any chance you can get the link you posted above reactivated?

Cheers

Sam

Thanks, very useful info.

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