BREXIT

Question asked by PHIL DOWNING 4 years ago

We import from one German company.

How will the EU vat aspect be handled by Clearbooks?

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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.

Best answer
4 years ago

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

4 years ago

Hi Mohamed,

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

Cheers

Sam

3 years ago

Thanks, very useful info.

3 years ago

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